Here in GOLD we are still on the same path about retracement & pullback likely last week. The interesting thing is it just completed the first level around 15% retracement is the last Analysis & now we are considering the another fall from the resistance as 25-30% retracement. Our views for this week on fundamentals are still bearish for GOLD market due to DX strength from its support & can possibly back to its trend going on at 110 above.
Our positions for GOLD will be dependent on the Liquidity when it comes to resistance & the pressure of pullback from the bears traders. This is the third TOP as technically where the major possibility of 50% retracement.
I HOPE THIS HAVE GIVEN YOU A BETTER IDEA ABOUT GOLD FUTURE's.
Our positions for GOLD will be dependent on the Liquidity when it comes to resistance & the pressure of pullback from the bears traders. This is the third TOP as technically where the major possibility of 50% retracement.
I HOPE THIS HAVE GIVEN YOU A BETTER IDEA ABOUT GOLD FUTURE's.
