reluctantplumber

Gold has broken through the first barrier

COMEX:GC1!   Futuros de ouro
We can see the resistance clearly on this weekly chart and now we see Gold caught between the two dashed resistance lines. Per my previous post I am of the opinion SPX will see pressure over the comming weeks which should help Gold. Powell has stated he will do as needed to keep the expansion alive, he will be late and playing catch up...

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