GOLD / Wishful thinking Gold/U.S. Dollar FX:XAUUSD MetalCruisers Honestly, every single recalculation shows one damn bull in the background. If pyramid works out and...

GOLD / Wishful thinking

Gold/U.S. Dollar
FX:XAUUSD



Honestly, every single recalculation shows one damn bull in the background.
If pyramid works out and gold             drops it will lead to heavy buying afterward.
We have possible monthly breakouts, now the 2nd one with bullish accumulation target
1277 and 1304.
If we get a drop, buy gold.

I would not be surprised to see an extended leg up now around or above previous high 1263ish before the drop. Common thing after a breakout.

Wishful thinking, though, but sequence I would like to see is down from here to 1225-1220 ( extended 1214 ) and back up.

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