Here’s a selection from our most recent “The Week Ahead” post for subscribers at Trading On The Mark.
Gold futures
Gold fell back away from initial targets for a ‘c of (ii)’ last week. I’m lowering the support that needs to fail for confirmation to 1790.40 which is pretty much where they closed the week at. While this support holds it is possible for overhead resist to be tested again. I think it will be easier for gold to fall once bonds break lower out of their sideways pattern.
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