Commodity Trade Mantra

Posts Tagged ‘Price Correction’

Gold And Silver – A Retest Correction will Confirm a Change in Trend

The current weekly chart added yet more gains for gold. People are always in a hurry to have someone say the bottom is in & a bull trend is underway. We still need to see a correction that makes a higher swing low & the correction should have certain characteristics that typify a temporary correction to be followed by another leg higher & not simply another continuation move lower.

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