It is looking promising for GOLD to break the triangle consolidation that commenced in December 2015 .
Given the recent weekly ATR of approximately 35USD, then adding this to last weeks close ,takes the projected price of gold to 1313 ( which sits on the monthly R2 Pivot )
So for next week, saddle up and go long on gold .
Given the recent weekly ATR of approximately 35USD, then adding this to last weeks close ,takes the projected price of gold to 1313 ( which sits on the monthly R2 Pivot )
So for next week, saddle up and go long on gold .