Quoting SunTraderDislikedI am with you. There is a lot of uncertainty which direction and when gold will break.
But right now I see the makings of ABC correction of the Oct 4 / Dec 1 uptrend. Only an A wave so far, B wave might go to 635/640 area ?(guessing), too soon to really know. Then C wave down to about 600 area. Before new uptrend begins.
Longer trend Gold looks up up up.Ignored
Currently flat and going long in that zone....
Thanks,
Nader