after some hesitation and a very negative view on gold, It seems that the support of $ 1,047 should be enough to revive gold rising over the medium term. Above you will find a price projection for the early trading weeks in 2016.
There is some nice confluence prices and a weekly RSI divergence.
Obviously this scenario will be invalidated with any close under $ 1,047.
There is some nice confluence prices and a weekly RSI divergence.
Obviously this scenario will be invalidated with any close under $ 1,047.
