Dangerous levels approaching. 1292-1298 possible area of large resistance and or reversal. However, we still have not even seen an actual "big day" for gold while an amazing base with breakout wedge formed quietly through the month.
Commento:
trade closed out until a break above 1292.5
Commento:
Looks like nothing can stop this breakout. Last target is 1306 but closely watching 1300. I am buying xag for larger swing. It is really coming down to what US equities are going to do in the closing moments of 2017. I am looking at SPX500 being down between 3% and 4% over the next couple of days.
Commento:
" down .3 to .4% " :) cant edit updates... down 3% would be big
Commento:
1304 was close enough, closed trade, its nice to be parked on the weekends. Looking to reenter Monday. Cheers!