Gold- Intraday update
This morning I said that the rise from Gold is not convincing at all and I expect it to drop and challenge 1850 again.
After a short term distribution under 1900, Gold dropped in a flash and now is trading at 1970.
From the technical point of view is under horizontal and short term trendline support and I expect the drop to continue to 1850
Those who are not short already can search to enter on a possible corrective rally around 1885
After a short term distribution under 1900, Gold dropped in a flash and now is trading at 1970.
From the technical point of view is under horizontal and short term trendline support and I expect the drop to continue to 1850
Those who are not short already can search to enter on a possible corrective rally around 1885
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