Gold drifted higher yesterday, finding resistance at 1619 before falling back and finding support around 1610. There was no real conviction behind the move and gold has drifted back below 1610 this morning.
The position has not changed from yesterday, the action is typical of the "summer doldrums" and we await clarification of the next trending move.
Today's video looks at yesterday's price action in a bit more detail and discusses our strategy for our next trade.
The position has not changed from yesterday, the action is typical of the "summer doldrums" and we await clarification of the next trending move.
Today's video looks at yesterday's price action in a bit more detail and discusses our strategy for our next trade.