GOLD hourly chart is holding on
Price is still within the up trend channel.
Weekly chart closed at a new closing high.
1 year ago, GOLD got smashed down when
it tested these levels. 12 months on it has returned
to the same level. the bounce has been as strong
as the sell off. basically has not gone
anyway in 3 years. time is up for aimless milling around
-- how can gold go lower when currencies all over the world
are being destroyed by central bankers.
Price is still within the up trend channel.
Weekly chart closed at a new closing high.
1 year ago, GOLD got smashed down when
it tested these levels. 12 months on it has returned
to the same level. the bounce has been as strong
as the sell off. basically has not gone
anyway in 3 years. time is up for aimless milling around
-- how can gold go lower when currencies all over the world
are being destroyed by central bankers.
Trade closed: target reached
Lets see how it plays out.