Gold Short Term Forecast at 0900 GMT July 22nd 2015
Gold is likely to complete the last bearish leg on hourly chart to touch the support line at 1084 +/-, if the observation is correct then gold should not trade above 1098 decisively after this post, hence an opportunity to sell now for 1084.
A second trade for long position will emerge around 1084 to get support at the channel for back to 1107 resistance area with stop below 1082
A second trade for long position will emerge around 1084 to get support at the channel for back to 1107 resistance area with stop below 1082