Gold Price Action - Bounces As Anticipated | Apr 1

gold

NOTE: We’ll be doing our next private member webinar this Friday at 9am EST where we’ll be discussing some of the live trade setups I’m in along with some of the other strategies and methods from this course. (Will announce registration details early this week).

Gold – Forms Short Term Base (4hr chart)
Yesterday in the members commentary, we talked about Gold forming a base and attempting to bounce. As you can see from the chart below, this is exactly what happened with the pair jumping over $25 off the lows.

Short term we have a base in place as the few hours of buying eclipsed almost a day of selling, suggesting have the momentum short term.

Any weak …

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