Literally Right at the Crossroads GC

Gold has finished directly at the crossing of the upper and lower trendline, no surprise. The question remains, do we go up or down from here?

My best guess is that we may go up just a touch to break the upper trendline, but don’t get used to the bullish movement.

My anticipation is that it will be short-lived (if at all), so you might want to wait for a big push in either direction and catch the swing to be safe.