SimpleChartsLLC

Gold, needs to rest?

SimpleChartsLLC Atualizado   
FX:XAUUSD   Ouro/Dólar Americano
Gold is struggling for five weeks now, and couldn't break the highs. Maybe it is the time to rest a little for bullish move starting mid July.
Trade ativo:
price is at 2SD of 6 months price action, and IG retailers weekly sentiment index is at 65% long. Seasonality analysis suggests a bearish outlook between 2 July and 23 July. Would gold start to fade out?

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