I am still Bear on Gold
I am still bear on Gold unless we break the 1830 level..
Price once again rejected that level and now is sitting on daily support..
That may mean a drop will take a while but looking at the weekly and seeing the 233 sma (red) so far below, its likely.
The arrows are pointing to the fibs i believe can get hit
the stochastic oscillator are is showing convergence to downside.
Happy Trading
Price once again rejected that level and now is sitting on daily support..
That may mean a drop will take a while but looking at the weekly and seeing the 233 sma (red) so far below, its likely.
The arrows are pointing to the fibs i believe can get hit
the stochastic oscillator are is showing convergence to downside.
Happy Trading
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