Gold on the move againsteemCreated with Sketch.

in #gold7 years ago

Gold is on the move again, now that the slam down is complete. I think whoever is controlling the price has done a good job. The impression on everyone's minds is how weak Gold has been performing over the last two months. On a closer look however, the black circles indicate higher highs! That's classic signs for an uptrend right? You bet.

A close above the red bar on 19th june at above 1256 will indicate the completion of initial short covering and i believe more upside should follow. Impression: Gold has not been performing. Fact: The flushes are getting weaker in magnitude. The underlying market strength is growing. When the market controllers go net long.....