Super simple monthly chart of Gold

It doesn’t include this morning’s little bump, which sees it trying to take back the daily SMA 200. But regardless, the gold price is in a zone between major resistance and major support after a false breakout above resistance. It’s going to test one of these again at some point, and probably soon.

In other news, I still can’t get that stoopid Phil Esposito interview out of my head. Gold websites, you just gotta laugh I guess.

gold

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