Possible Cup & Handle on the weekly chart as the price sits at a significant level (2011 closing high) that may act as support.
I would like to see the price close above the trend line (monthly) and also the .23 fib which is in close proximity.
Gold will benefit as bear market rallies in stocks continue to fade to lower levels.
I would like to see the price close above the trend line (monthly) and also the .23 fib which is in close proximity.
Gold will benefit as bear market rallies in stocks continue to fade to lower levels.