Gold is trading in a messy, choppy manner. The 4H chart shows a market that has been consolidating since March, and got into something of a slightly falling channel in April. In May, we saw a bullish breakout and so far, it looks like gold will open up a bullish outlook. However, this week, we are seeing a retreat from 1232, and price is now approaching a key support area around 1200.
Gold (XAU/USD) […]
