GOLD NOW AT A KEY LEVEL TO SHORT FROM PROVIDING WE GET SOME GOOD PRICE ACTION.
AS YOU CAN CLEARLY SEE WE HAVE BEEN MAKING SOME NICE LOWER HIGHS AND LOWER LOWS, THE MOST RECENT LOW COMING AT 1070. WE HAVE NOW RETRACED UP AT CURRENTLY SIT AT RESISTANCE FROM THE 1143 LOW AND ALSO THE 50 FIB LEVEL. I WILL BE WATCHING VERY CLOSELY AND IF WE GET SOME NICE BEARISH PRICE ACTION I WILL BE SHORT HERE WITH A NEW LOWER LOW TARGET OF 1040
ONE TO WATCH CLOSELY!
AS YOU CAN CLEARLY SEE WE HAVE BEEN MAKING SOME NICE LOWER HIGHS AND LOWER LOWS, THE MOST RECENT LOW COMING AT 1070. WE HAVE NOW RETRACED UP AT CURRENTLY SIT AT RESISTANCE FROM THE 1143 LOW AND ALSO THE 50 FIB LEVEL. I WILL BE WATCHING VERY CLOSELY AND IF WE GET SOME NICE BEARISH PRICE ACTION I WILL BE SHORT HERE WITH A NEW LOWER LOW TARGET OF 1040
ONE TO WATCH CLOSELY!