Commentary
Add as a preferred source on GoogleWe reiterate our view to buy gold (despite the growing bullish evidence for the US $). The completed, intra-day impulsive advance from 1143 (Mar-17 low) says the Gold trend has turned bullish. This current pullback from …
We reiterate our view to buy gold (despite the growing bullish evidence for the US $). The completed, intra-day impulsive advance from 1143 (Mar-17 low) says the Gold trend has turned bullish.
This current pullback from last Thursday's mini blow-off should be seen as a buying opportunity and not exceed the Mar-17 low, at 1143.
Upside targets are seen to 1307/1345 and, potentially, beyond.
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