Gold Shows minor recovery. Will it last..?
Gold shows some minor upward recovery signs though momentum lacks substantial follow through buying activity as overhead resistance is seen active at $2337
As long as the metal does not break above $2337 resistance followed by stable break above $2343, there is a high probability of break below $2317 swing low with a follow up decline to $2305 and a further selling beyond $2305 will ease the drop to retest of swing low $2387
As long as the metal does not break above $2337 resistance followed by stable break above $2343, there is a high probability of break below $2317 swing low with a follow up decline to $2305 and a further selling beyond $2305 will ease the drop to retest of swing low $2387
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