I have been skeptical that gold was ready to break out and sorta still am...
But I must acknowledge that a lot of good traders are going bull.
We are receiving bull volume to fib resistance (1880).
Also, the pennant formed will play a part in telling us when breakout occurs.
Lastly, we look at the monthly stochastic converging.. Something I may have underestimated...
If move completes, I expect bulls to run to 2500..
I have link some of the bear/bull expectations I've made recently...
Happy Trading.
But I must acknowledge that a lot of good traders are going bull.
We are receiving bull volume to fib resistance (1880).
Also, the pennant formed will play a part in telling us when breakout occurs.
Lastly, we look at the monthly stochastic converging.. Something I may have underestimated...
If move completes, I expect bulls to run to 2500..
I have link some of the bear/bull expectations I've made recently...
Happy Trading.
