Commentary
Add as a preferred source on GoogleBofA Merrill Lynch:We have tempered our enthusiasm on the yellow metal. The range trade from last November looks increasingly like a potential Triangle, which would limit the potential upside.In the near term, gain shoul…
BofA Merrill Lynch:
We have tempered our enthusiasm on the yellow metal. The range trade from last November looks increasingly like a potential Triangle, which would limit the potential upside.
In the near term, gain should be limited to the May-18 high at 1231, while the confluence of retracement support at 1177/1172 should limit the downside
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