Gold Update | Today is a very important date for Gold in Time Cycle theory.
28 November will mark a pivot in price action which will eventually bring a short term trend in gold.
There is one key point to note in this : Gold is also sitting at golden ratio from the top of the downtrend.
Be careful longing gold into this breakout thinking it is bullish. Wait for today's date to pass first.
$xau $gold
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Gold Update | Today is a very important date for Gold in Time Cycle theory.
28 November will mark a pivot in price action which will eventually bring a short term trend in gold.
There is one key point to note in this : Gold is also sitting at golden ratio from the top of the downtrend.
Be careful longing gold into this breakout thinking it is bullish. Wait for today's date to pass first.
$xau $gold