All info mentioned on chart
Comment:
Gold Will make another move downside till 1639 - 1644 range . Thats where the institutions will jack in to make a new higher high. Dont forget until nasdaq really falls below 7500 mark Gold wont be making a sharp upward rall. Rather little push.
Comment:
Gold spot Intraday the downside prevails. PREVIOUS
Pivot: 1671.00
Most Retail traders are going short positions below 1671.00 with targets at 1642.00 & 1632.00 in extension.
Alternative scenario: above 1671.00 look for further upside with 1687.00 & 1703.00 as targets.
The RSI is bearish and calls for further decline.
Pivot: 1671.00
Most Retail traders are going short positions below 1671.00 with targets at 1642.00 & 1632.00 in extension.
Alternative scenario: above 1671.00 look for further upside with 1687.00 & 1703.00 as targets.
The RSI is bearish and calls for further decline.
Comment:
Yesterday price bounced as exactly our Key Level mentioned of 1640ish .
Today is anther special day. Expect a push up and then another sell off.
Today is anther special day. Expect a push up and then another sell off.