Yesterday, after reaching my sell zone for the second time, Gold has started to roll back down and now is trading at 1804.
My outlook remains bearish on medium term and I expect acceleration down after this correction is finished.
An important level to keep an eye on is yesterday's low and a drop under it should accelerate losses.
1750-1760 zone could offer a good target for bears.
My outlook remains bearish on medium term and I expect acceleration down after this correction is finished.
An important level to keep an eye on is yesterday's low and a drop under it should accelerate losses.
1750-1760 zone could offer a good target for bears.
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