I'm predicting GOLD shorts down to 1775.000 this week.
- Price had a very corrective shallow pullback to the upside last week.
- Price has met resistance with both the 50 and 200 EMA's.
- The overall long-term trend for gold is bearish so this will be a trend-continuation.
- Beware of CPI news on Thursday.
- Price had a very corrective shallow pullback to the upside last week.
- Price has met resistance with both the 50 and 200 EMA's.
- The overall long-term trend for gold is bearish so this will be a trend-continuation.
- Beware of CPI news on Thursday.
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