rjchilia123

Gold broke bullish today making the sideways action a bull flag

Long
TVC:GOLD   CFD Oro (US$/OZ)
I was hoping it would sell off so I can buy more but it will eventually form our higher low anyway it’s still a bit overbought on shorter term charts so there is a chance for a fake out and bears take control. But for now bulls in control of every single time frame. Negative rates are gold and silver positive, silver had an exceptionally strong day, gold/silver ratio appears to be moving in silvers favor. Keep in mind Silver has a lot more room with rsi however it is more vulnerable to economy.
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