Gold: trade the lower drift
How do we trade the gold price? It seems to be losing the upside momentum - no problem for bears!
GOLD: price consolidating along 'Window'
Information is not investment advice
The market has been consolidating along the 'Window'. The last 'Tweezers' and 'Shooting Star' hasn't been confirmed yet, so it's still possible to have a test of the local upper 'Window' (1292.09). The subsequent pullback from this level could be a starting point for another decline in the direction of the next support at 1249.83.
Galya Svetlova
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