GOLD BEAR RETRACE
Gold has dived hard in the last few days. About 43 dollars. Looking for a 50% retrace on this, on or before NFP to confirm bear takeover in the market. 1789 region holding steady as a rock, providing resistance for sellers, and possible support for buyers. If price breaks below and rests below 1782, then the trend may be long term bearish. Thoughts?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.