Gold Bulls vs. Lines

From goldpriceforecast.com

Verification of an earlier breakdown or something more? In today’s gold price forecast, I decided to share with you my insights from Friday’s Quick Gold Alert. Have a nice read! Technical Picture of Gold: chart Looking at the daily chart, we see that although gold futures moved higher during yesterday’s session (and even closed the red gap from Tuesday), the overall situation in the short term hasn’t changed much as the bulls didn’t manage to invalidate Wednesday’s breakdown. Additionally, the futures are still trading under the previously broken upper border of the orange channel and the upper line of ... (full story)