Gold: Gold is showing signs of deep correction. Last day Good US results has strengthen Dollar Across Board and this has caused the USD reciprocals selling pressure including Forex and Commodities.
Today i see the correction to continue. My selling area is 2175-2184, with SL 2187.50. Target of this sell will be strong support 2150 if it this is broken, Target is 2132.5 ( 20 DMA) and 2100 long term holding target.
Good Luck.
This is my Analysis/strategy not a investment advice
How do i see The analysis. Do comment
Today i see the correction to continue. My selling area is 2175-2184, with SL 2187.50. Target of this sell will be strong support 2150 if it this is broken, Target is 2132.5 ( 20 DMA) and 2100 long term holding target.
Good Luck.
This is my Analysis/strategy not a investment advice
How do i see The analysis. Do comment