GOLD for 4/8/20
Thursday, we left a short-term bullish reversal below that warned of continued strength. We have seen $121.4 so far, but this is now ON HOLD as well. Decent trade below 16073 will further negate the bullish reversal. The failure back below 16993-35 warns we are entering into a lower timeframe bearish correction against the move up from 14530. NOTE: this is just a small portion of the market calls I provide my clients twice daily in the Gold and Energy complex. If you are interested, please feel free to reach out.