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Is Gold Looking for a Bullish Break?

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    As increased volatility from the pending FOMC meeting and potential rate hike spreads around the globe, Gold looks like it might be preparing to shine, albeit in the short term. The precious metal has been on somewhat ofa rollercoaster over the past few weeks as it steadily trended lower nearingthe key $1,000 an ounce level. However, the past few days have seen aresurgence as gold appears to be finally ready to complete the final stage of abullish crypto pattern as it looks towards the

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