Gold has had a double digit correction form the all time high.
Pulling back just over 11% is very healthy if the bull market trend is to resume.
On an intra day 4 hour time frame gold is still looking very weak.
However the weekly pattern was able to hold a key weekly bullish level.
Gold is at a very tricky inflection point so i would personally wait until you get some key breakout or breakdown signals.
Look towards your miners to see if they are gaining additional liquidity. They will often lead.
Pulling back just over 11% is very healthy if the bull market trend is to resume.
On an intra day 4 hour time frame gold is still looking very weak.
However the weekly pattern was able to hold a key weekly bullish level.
Gold is at a very tricky inflection point so i would personally wait until you get some key breakout or breakdown signals.
Look towards your miners to see if they are gaining additional liquidity. They will often lead.
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