Gold in trend channel
Gold seems to be given up by Bulls so far, had a nice rally earlier, but it seems abandoned for Bitcoin for a short while.
I have drawn a R1 with earlier resistance area also crossing the trendline, R2 is tops in recent time.
Gold is still bought in large q by banks and governments, pressing it down, especially in COMEX.
I will look for CCI spike before fall, same in RStrenghtI
I have drawn a R1 with earlier resistance area also crossing the trendline, R2 is tops in recent time.
Gold is still bought in large q by banks and governments, pressing it down, especially in COMEX.
I will look for CCI spike before fall, same in RStrenghtI
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