As mentioned on Jan 16th, gold price finally closed above the critical weekly uptrend support channel since 2008 once again…
- The “reversed H&S” formation mentioned a while ago look even more constructive now, taking note of the “slow stochastic” that just turned positively
- Once the weekly MACD turns positive, we should be at a tag higher above 1,700++ level already…closer to 1,800++, an approximation from the chart
