***gold and charting******

  1. 65,182 Posts.
    lightbulb Created with Sketch. 51


    Okay chartist on a 10 year chart gold is still looking as though its in an uptrend and last nights action represented the bounce bottom of the trading channel.

    On a 3 month chart it looks like a bottle of stale p!ss and last nights action was a momentary high as it hit the top of its trading channel looking to continue downwards.

    So which is it??
 
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