Gold waiting for breaking out: 2020-2080.
As I’ve mentioned before, bearish trend can only be started after 3 weeks bullish (Elliott Waves) which the 3rd bullish up-move will be finished. 2180-2185 which is the extended Fibo 123.6% may reach.
* 1st resistance: 2075-2080. 2nd resistance: 2144.
* 1st support: 2020.
Target 2180-2185 will be reached if 2080 breaks through.
* 1st resistance: 2075-2080. 2nd resistance: 2144.
* 1st support: 2020.
Target 2180-2185 will be reached if 2080 breaks through.