Looking at this chart the obvious call would be that we are at the top of a trading range.We had a bearish inverted hammer on Friday so could see some profit-taking. The 200dma is flat. We are 90 td from the May low. Gold often turns on seasonal time dates (equinox today)
If we have a pullback and rally again then watch closely because the weekly chart shows this would be a 3rd attempt at 1800 resistance and Gann's rule is that 3rd attempts usually succeed
If we have a pullback and rally again then watch closely because the weekly chart shows this would be a 3rd attempt at 1800 resistance and Gann's rule is that 3rd attempts usually succeed
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