woensdag 5 juli 2017

Gold Observations

# Gold undercut the 6/26 low and we now expect a test of the $1214 this week, which could be a major low! The GDX took out the 21.80 low on Monday, but the pattern still looks like a bullish EW a-b-c-d-e triangle that is close to completion. The USD continued to bounce Monday, which continued to pressure gold....