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Precious Metals in the Spotlight - Bullish Sequences
Gold and Silver have been rising consistently for an entire trading week, ever since the greenback started tumbling. The bullish sequences appear to be taking forms of impulses; therefore, it can be said that XAU/USD and XAG/USD could be poised for more gains ahead. Relating to these aspects, a clearer picture has been painted with the recently posted “November and its Intriguing Charts – FX Majors” video. Gold has been labeled in an impulse, with Minuette (i) (black) currently awaiting its last legs towards a possible completion for the current degree. An Ending Diagonal could occur soon, and a bearish ... (full story)