It is looking promising for GOLD to break the triangle consolidation that commenced in December 2015 .
Given the recent weekly ATR of approximately 35USD, then adding this to last weeks close ,takes the projected price of gold to 1313 ( which sits on the monthly R2 Pivot )
So for next week, saddle up and go long on gold.
Given the recent weekly ATR of approximately 35USD, then adding this to last weeks close ,takes the projected price of gold to 1313 ( which sits on the monthly R2 Pivot )
So for next week, saddle up and go long on gold.