DislikedIndeed this is what I was warning someone about earlier in shorting Gold.
Gold put in two hammer candles on Daily on a very important Trendline, and has been moving up ever since. Its stuck on a small downward Trendline right now so its sandwiched for now. I plan to trade in the direction of whichever TL breaks, though I should have already been long when the hammers were confirmed yesterday as the odds look to be in longs favour here imho, especially if the USD keeps moving down.
The USD broke under a very important 8 month old TL,...Ignored
Master Your Setup, Master Your self. (NQoos)