DislikedThere is no bull or bear failure as GOLD just ranging for the last week or so.
Gold will not drop from here, unless OIL also drops.
I'd not be surprised, if GOLD actually move up little bit, if Bernanke reappointed
later today. Besides GOLD prices supported by both India and China,
which lately seen as constant buyers ahead of the Lunar New Year
and Indian Pushya Nakshatra.Ignored
To me bull failure expressed as when price fail to go up when expected & continue rather for bear or try continuation of it even if not able and so this triangle has formed.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++