GOLD CONSOLIDATED FROM 1288 RIGHT INTO THE 1270-1260 ZONE THEN MADE A HIGH INTO THE 1295-1300 ZONE.
GOLD IN CONSOLIDATION ZONE 1285-1275
CAUTION IS WARRANTED AS GOLD IS IN CONSOLIDATION
IT IS NOW IN CONSOLIDATION MODE AGAIN FROM 1300, LOOK FOR SUPPORT ZONES:
1285-1275, BREAK BELOW HERE THEN 1270-1260 PROBABLE DOUBLE BOTTOM
BREAK BELOW 1250 THEN 1240-1230 AS NEXT PRICE ZONE.
IMPORTANT LEVELS:
1270-1260 (REVERSAL ZONE)
1250 SUPPORT ZONE, BREAK BELOW HERE DOWNSIDE PROBABLE HOWEVER NOT REQUIRED AT THE MOMENT:
1240-1230, BREAK OF THIS ZONE THEN
1205 AND LOWER PRICE ZONES PROBABLE.
GOLD IN CONSOLIDATION ZONE 1285-1275
CAUTION IS WARRANTED AS GOLD IS IN CONSOLIDATION
IT IS NOW IN CONSOLIDATION MODE AGAIN FROM 1300, LOOK FOR SUPPORT ZONES:
1285-1275, BREAK BELOW HERE THEN 1270-1260 PROBABLE DOUBLE BOTTOM
BREAK BELOW 1250 THEN 1240-1230 AS NEXT PRICE ZONE.
IMPORTANT LEVELS:
1270-1260 (REVERSAL ZONE)
1250 SUPPORT ZONE, BREAK BELOW HERE DOWNSIDE PROBABLE HOWEVER NOT REQUIRED AT THE MOMENT:
1240-1230, BREAK OF THIS ZONE THEN
1205 AND LOWER PRICE ZONES PROBABLE.
