Gold- I'm maintaining my 1850 zone target
After last week's consolidation, Gold broke down, and broke hard, with a drop of more than 700 pips from top to low.
Now the price recovered some of the losses, but in my opinion, bulls have lost the fight.
From the technical point of view 1900 is support and a clear break here would accelerate losses and 1850 is the next target.
Those of you who are not short already can try to sell rallies towards 1920
Now the price recovered some of the losses, but in my opinion, bulls have lost the fight.
From the technical point of view 1900 is support and a clear break here would accelerate losses and 1850 is the next target.
Those of you who are not short already can try to sell rallies towards 1920
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