GOLD BUYING SEASON IS VERY CLOSE
Gold has been selling for months now. The daily and weekly are consolidating between $3 963 and R4 180 with a compression seen in recent weeks between $4 120 and $3 990. July candle closed indecisively but this has been the only green candle in a number of months.
I am looking for buys below $4 100, preferably as low as possible. Because of the consolidation for a number of weeks, we may expect a $400+ movement on Gold in the coming weeks. Will it try reclaiming the higher prices or the bears are not done selling off the precious metal?