Time to revisit everyone’s favorite metal, namely gold, and regular readers of my analysis will know I was bullish on gold when it was trading around the $1664 per ounce region, and the reason for this was the clear anomaly on the weekly chart which signaled a lack of selling pressure following the extreme volatility of the last few weeks. If you missed the post from the 6th of April the link is here.
(Click on image to enlarge)





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