XAUUSD seems to be having trouble getting above 1219. IS it just the American traders shorting it down? I just have a gut feeling that the gold bulls are losing stamina. 1180 didn't look possible at the beginning of the week (to me) , but it sure is looking like that now.
Who knows I am still sticking to 1180 target. Yup gold bulls need to take it higher very soon. They need a close over 1232. I'm giving it another week to play out, if the bulls cannot mount a comeback we will break 1200 quickly
XAUUSD seems to be having trouble getting above 1219. IS it just the American traders shorting it down? I just have a gut feeling that the gold bulls are losing stamina. 1180 didn't look possible at the beginning of the week (to me) , but it sure is looking like that now.
Who knows I am still sticking to 1180 target. Yup gold bulls need to take it higher very soon. They need a close over 1232. I'm giving it another week to play out, if the bulls cannot mount a comeback we will break 1200 quickly
So far you and Curious have been pretty spot on.