June Gold Strengthens Over $1932.90, Weakens Under $1928.00
Bearish Scenario
A sustained move under $1928.00 will signal the presence of sellers. If this creates enough downside momentum then look for a break into the support cluster at $1908.10 to $1897.70.
A trade through $1900.40 will change the minor trend to down. A move through $1882.00 will change the main trend to down. This could trigger an acceleration to the downside.
A sustained move under $1928.00 will signal the presence of sellers. If this creates enough downside momentum then look for a break into the support cluster at $1908.10 to $1897.70.
A trade through $1900.40 will change the minor trend to down. A move through $1882.00 will change the main trend to down. This could trigger an acceleration to the downside.