DislikedDaily Gold looks to me to be consolidating in a bullish trend....There is very strong physical buying in the London spot market (obviously a different beast to the COMEX) and we seem to be seeing a higher floor coming in. IMO it was bullish that we did not see lower prices maintained through NFP and end of month/quarter/opex.....
I'm anticipating higher prices in the near future and will as always look to the shorter timeframe charts to guide me to the longer patterns.
beebIgnored
That is interesting information about LME.
I will look to see chart signs of a bullish breakout when that works through into the chart.
I live just down the road from the Cadbury chocolate factory. The chocolate there still tastes the best to me.