Inverse head and shoulders and MACD looks like a continuation. The weak hands are out of gold so now it is beginning to behave like a safe haven, and just the right time as markets are about to tumble again.
AND don't forget COMEX and LBMA loss of confidence! Where's all the physical gold???
Target: $1728
Trade active
Good possibility we are going to blow past 1730 resistance and head straight for $1830!
If gold price ignores 1730, watch out for big spikes up as Gold futures market short squeeze strengthens and COMEX and LBMA further loss of confidence spreads into Wall St.
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