Gold on a Pull back - Still bearish unless it breaks above 1257
Overall Trend - Bearish
- A break of 1132 will take price to 1086
- If price breaks 1185 higher, 1230-1240 is next resistance
- A break above 1256-1260 is bullish for gold
I am bearish to 1028 or lower in the long term, however a break above 1260 is bullish for Gold.
In the short term, I think we will see 1220-1230
- A break of 1132 will take price to 1086
- If price breaks 1185 higher, 1230-1240 is next resistance
- A break above 1256-1260 is bullish for gold
I am bearish to 1028 or lower in the long term, however a break above 1260 is bullish for Gold.
In the short term, I think we will see 1220-1230