Gold looks to be in a bullish declining wedge.There is fib support and gann wheel support at 1625.I have Gann time cycle congruence here and next week,including the Spring equinox on Tuessday.If stock markets reverse sharply ,which I believe likely, it is possible gold could go lower but I think anywhere near 1600 looks a good area to be buying on a medium term view
No comments:
Post a Comment