Gold spent the day yesterday bouncing around in a narrow range as the consolidation of the huge gains of the last month continues.
A solid base around 1755-1760 has formed in the past week in what we believe is a Wave 4 consolidation. The final Wave 5 of this initial rally leg of major Wave 5 will be next. Our subscribers know what our target is for this next rally leg.
Today's video looks at the consolidation in more detail and the impact of oil and the dollar on the gold rpice.
A solid base around 1755-1760 has formed in the past week in what we believe is a Wave 4 consolidation. The final Wave 5 of this initial rally leg of major Wave 5 will be next. Our subscribers know what our target is for this next rally leg.
Today's video looks at the consolidation in more detail and the impact of oil and the dollar on the gold rpice.