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Is Gold now turning?

Well the debt ceiling discussions are coming and that means GOLD could rally bullish, there are already signs that the head and shoulders that we went through has now been invalidated, we have 7 days to go (only 5 days working!) and still no solution on the government shut down or the debt ceiling, the last time this happened, it pushed to new highs, at the moment. XAGUSD has been bouncing off of 12950. This is the daily chart. Imagine what would happen if we got back up to those highs and you had a buy in!.

 

Here’s the 10 minute chart.

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