I wont be joining the bulls at these levels, it clearly looks like some correction, will bear take over or the bull continues is to be seen, anyway if there is a clear break of the 18769/71 handle we will see much higher levels towards 1914 and beyond.
If markets do have to correct from here we will see lower bands towards 1780. A break of 1755 will drag markets even lower.
Interestingly silver has created a classic head and shoulders breakout and the expected target is 28.30. Unfortunately gold does not have such clear patters so will have to wait and watch how things unfold
Use your stops
If markets do have to correct from here we will see lower bands towards 1780. A break of 1755 will drag markets even lower.
Interestingly silver has created a classic head and shoulders breakout and the expected target is 28.30. Unfortunately gold does not have such clear patters so will have to wait and watch how things unfold
Use your stops