Market Update on Gold 10/1/2018

in #gold7 years ago

We have a decision triangle setting up here. Price of gold is low at the moment so I favor a break to the upside but price action has been so sloppy of late that we might break out of the triangle into a running flat.

Dropping down to a 15m chart the market internals are mixed but not bad. Selling begetting buying and buying begetting selling....the circle of life.