Welcome to All About The Pips!
It looks like Gold is taking a summer vacation like the rest of us! But, this is only for a short period of time!
We are looking for it to retest a key level of 1358-1350... with int potentially heading to 1345ish depending on bearish pressure.
Once we hit this level we could see a number of false breakouts to both up and downside.. gold could sit around this level for a couple of days or even a week or so to work on its tan before it gets back to work and continues its bull run.
Full Video Analysis and Breakdown will be on our Youtube Channel! Be sure to check it out as well as the other great content coming with this summer relaunch!!!
It looks like Gold is taking a summer vacation like the rest of us! But, this is only for a short period of time!
We are looking for it to retest a key level of 1358-1350... with int potentially heading to 1345ish depending on bearish pressure.
Once we hit this level we could see a number of false breakouts to both up and downside.. gold could sit around this level for a couple of days or even a week or so to work on its tan before it gets back to work and continues its bull run.
Full Video Analysis and Breakdown will be on our Youtube Channel! Be sure to check it out as well as the other great content coming with this summer relaunch!!!