Does the bearish momentum end?
Since the last bull run to retest 1900, Bear kicked of Gold back to the strong Demand zone. Also, the price went back to the large "down channeling" again.
Let see on next week if the price can hold the Demand zone, it might bounce a bit from this level. Lowest price might be at 1700 - 1710.
Since the last bull run to retest 1900, Bear kicked of Gold back to the strong Demand zone. Also, the price went back to the large "down channeling" again.
Let see on next week if the price can hold the Demand zone, it might bounce a bit from this level. Lowest price might be at 1700 - 1710.
Comment:
As planned!
- 1680 Confirmed as critical Support
- Trending = Go up
- 1680 Confirmed as critical Support
- Trending = Go up
CFL Trading
Bearish week has been explained by some bad news. It is explained.
Let see the next movement on coming week.