Today two of the greats in the business gave updates on where things stand in the gold market.
December 6 (King World News) – Ole Hansen, Head of Commodity Strategy at Saxo Bank: “Nothing to see here. Gold remains stuck and range bound. (See below).
Nothing To See Here…Gold Remains Range Bound
Major Gold Breakout Ahead?
Graddhy out of Sweden: “Said that I want to see a recognition candle when we turn to make the turn distinct. If we got it now it would take care of many resistance levels: Daily – 1484, purple triangle energy apex, blue resistance line, MA50 Weekly – MA10, blue resistance line, IC decline line (see below).
Keep An Eye On The Daily Blue Line For A Major Gold Breakout
Keep An Eye On The (Weekly) Blue Line For A Major Gold Breakout
Bullion Banks Risk Being Squeezed In Gold
READ THIS NEXT! ALERT: “Bullion Banks Risk Being Very Badly Squeezed “In The Gold Market CLICK HERE TO READ.
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