Yesterday I said that 1725-1730 is the lime in the sand for Gold, and, indeed, the price reversed from that zone.
However, after a steep drop, Gold found new support above 1700 making this zone a higher low.
Although a reversal is not confirmed yet, the adds are in favor of one and a break above 1725 would also put a double bottom in play.
I'm bullsh Gold at this moment and I'm looking to buy dips
However, after a steep drop, Gold found new support above 1700 making this zone a higher low.
Although a reversal is not confirmed yet, the adds are in favor of one and a break above 1725 would also put a double bottom in play.
I'm bullsh Gold at this moment and I'm looking to buy dips
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