GOLD update: still bullish for the next few trading sessions
We had a fantastic overnight attack last night/early morning, followed by an aggressive response in today's session.
The overnight attack hit the mid-channel resistance at the high and was promptly turned back.
Still projecting a B wave rally next week which will attack the highs. I expect the attack to fizzle and fall back for an C wave in the coming weeks to complete the Wave 4 consolidation.
The overnight attack hit the mid-channel resistance at the high and was promptly turned back.
Still projecting a B wave rally next week which will attack the highs. I expect the attack to fizzle and fall back for an C wave in the coming weeks to complete the Wave 4 consolidation.
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