The outlook for gold over the coming weeks is uncertain. It bounced strongly at our “question mark zone” which brings our original short entry point at just over 1900 back into play.
The question is, will it get there? Gold is back in the “knot of resistance” zone which it has failed to break several times but this time the consolidation looks better and the timing for one last top is pretty much perfect.
Whether you are bullish or bearish their are currently no low risk/ high reward opportunities for gold.
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