So in the gold market, if we finish like this, we’re still near an all-time high close. We’re still up for the week 1.88 percent, and still in a bull phase. I told you that we were consolidating here, and so far, that’s what we’re doing. Now, the pattern is you had an outside day down. So now we’ve got a pattern of a higher high and lower low, sort of a stall. The market broke the pattern of higher lows, higher highs at this point.
On pullbacks I would expect, if it does drop hard, the 33 and a quarter area’s going to be the support zone. That’s if it drops hard. It got up and challenged, as you can see, the upper Bollinger Band.
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