XAUUSD Big Picture - Keep your eyes on the ball
No, the money printer just needs more toner. They have not turned it off.
Standing at the current junction, from a monthly chart perspective all is well for continued consolidation around these levels until price is ready to take off.
On the daily price is still ranging forming the larger flag, albeit in notoriously choppy fashion. No reason at this point to say for certain that our low is in, but if bulls come in for heavy offense on the double bottom I would be interested in a turn at-bat.
Standing at the current junction, from a monthly chart perspective all is well for continued consolidation around these levels until price is ready to take off.
On the daily price is still ranging forming the larger flag, albeit in notoriously choppy fashion. No reason at this point to say for certain that our low is in, but if bulls come in for heavy offense on the double bottom I would be interested in a turn at-bat.