Golden Love

Gold and I have a bittersweet relationship, but i can admit, I'm getting better.

Here she looks as if she is taking a nice pull back for a Break & Retest. With new highs being made I'm even more intrigued.

There does seem to also be a channel break. With gold having an indirect relation to the dollar a bullish run looks like its setting up.

THE ONLY thing that makes me think a bearish move may show its face is for momentum. On a macro gold has been bullish for some time.


We shall see.
Trend Analysis

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