Like I said yesterday and you saw the outcome.... Gold fell like Lucifer.. Lol ... and today, I am pretty assuming, they may be a fall from 2345 to the next target.
The American Dollar has shown signs of improvement, which should make the price of Gold cheaper, apart from bond yields though... Hehehe. Also, the ceasefire in Israel should be a fundamental indicator to Gold's price drop.
My last Indication is that Gold has never made new ATH in a roll this much, so I am telling you, there's something fishy this time. Buyers are already weak... We are having more bears now.
You can check the chart for my graphical analysis.
The American Dollar has shown signs of improvement, which should make the price of Gold cheaper, apart from bond yields though... Hehehe. Also, the ceasefire in Israel should be a fundamental indicator to Gold's price drop.
My last Indication is that Gold has never made new ATH in a roll this much, so I am telling you, there's something fishy this time. Buyers are already weak... We are having more bears now.
You can check the chart for my graphical analysis.