Trend - Down Below 21 ema Below 50ma Entered on break of support Target 116.1
Hello my friends! Gold has been trending sideways in a channel for a few days now, currently I see key support at the 1537 level. It will need to break this level to go lower but has just bounced off it to create more support. The next key support level is around 1526, if it breaks this we go lower. Looking higher, if it breaks the resistance channel upwards of...
Gold retesting twice, this could go one of two ways, break psychological level of $1500 or pullback as has moved up too quickly. Maybe we will find out soon!