Hi RickM I always like to keep the bigger picture in mind - I am...

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    Hi RickM
    I always like to keep the bigger picture in mind - I am thinking gold will bounce off the LT trendline- - the current macro events also strengthen my sentiment -
    Although this does not feel serious yet - gold is not racing out of the blocks - better able to asses the situation after a few more days -
    gold hourly.PNG
    If it breaks above the resistance line here and retests the line then it might be game on- I do find with the indexes and currencies that there are a lot of crazy moves before any real move -
    gold.PNG
 
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