Gold has broken the upper channel of the bullish flag.
Fundamental Analysis:
Disappointing Employment report will support Gold up
Federal Reserve to maintain its ultra-loose monetary policies.
Of Concern low demand for Gold
Technical Analysis:
Profit taking resulted in the pullback after breaking the Bullish Flag channel.
Formation of bullish flag and break to the upside.
Projection:
Bullish PRICE TO REACH 2000
This is the way.
Fundamental Analysis:
Disappointing Employment report will support Gold up
Federal Reserve to maintain its ultra-loose monetary policies.
Of Concern low demand for Gold
Technical Analysis:
Profit taking resulted in the pullback after breaking the Bullish Flag channel.
Formation of bullish flag and break to the upside.
Projection:
Bullish PRICE TO REACH 2000
This is the way.