Gold may continue retracing to the downside, towards the 1300 level.
Right now it's stuck in a tight range, who knows when that will end.
Bearish on Gold.
Gold is still slowly dropping, but I think that if it reaches 1300 we should be looking for a good place to open long positions.
Bearish on Gold and Silver.
Gold is still struggling to break below 1310. I hope the FED news tomorrow will cause some much needed volatility.
Gold is pausing. US elections results awaited?
The news yesterday caused a big jump to the upside and Gold broke above 1340. Next target is, I think, 1360.
Gold reached 1360. If it breaks out above it next target will be 1400.
I wonder how much longer Gold will consolidate below 1364. Perhaps the NFP today will end it.
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