by Stewart Thomson
1. It’s the soft demand season for gold (April-Sept), and that means upside and downside breakouts can become “wet noodle” affairs.
2. Bulls and bears who aren’t prepared for this type of sideways price action may get frustrated.
3. Please click here now. Double-click to enlarge this short-term gold chart.
4. My suggestion for investors is to focus on the important price zone of $1800 for modest selling, and $1675 and $1575 for buying.