A proper bear market in gold as long as the monthly macd is as high as 2011
1812 and a huge short attack
The weekly is pointing downwards again and a very bear trend
So if 1858 was the last daily chart high then half of it will be 1858 + 1760 / 2 = 1809 then short
1809 to 1812 will be next high
On the optimistic side 1829 is the high on my trend line daily.
Just because a weak weekly will NOT allow a bull pump
1812 and a huge short attack
The weekly is pointing downwards again and a very bear trend
So if 1858 was the last daily chart high then half of it will be 1858 + 1760 / 2 = 1809 then short
1809 to 1812 will be next high
On the optimistic side 1829 is the high on my trend line daily.
Just because a weak weekly will NOT allow a bull pump