In today’s briefing:
- Gold May Be Ready to Restart Its Rally
Gold May Be Ready to Restart Its Rally
- Gold (GOLD COMDTY) has been pulling back for 2 weeks, this week was slightly up at the Close on Tuesday 31st of December, but it could close the week down.
- In a previous insight in mid-December, we advised holding off on entering a LONG position in Gold and waiting for a more favorable opportunity. Now the time may be right.
- If this WEEKLY Close for Gold is negative (or if Gold reaches an oversold support before Friday), the odds for a rally would start to look quite good.
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