Futures OroLong
Gold $14.60
Huge move for Gold today.
Prior cup/handle pattern was assumed rejected but may still be on OR this will consolidate in the $1350-$1360 corridor forming a shoulder to complete an inverse H&S.
Outcome in either case is similar a measured move to $14.60.
MACD is due to cross as well. Plenty of momentum if it wants to do it this time....
Prior cup/handle pattern was assumed rejected but may still be on OR this will consolidate in the $1350-$1360 corridor forming a shoulder to complete an inverse H&S.
Outcome in either case is similar a measured move to $14.60.
MACD is due to cross as well. Plenty of momentum if it wants to do it this time....
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