As you can with this chart we're in a potential trend to the downside, however, it has formed a reversal pattern with support formed at the 1830-35 level. As we suggested in the previous reports, this level of support is really important for Gold, it needs to break to the downside with a powerful close for this to go and tap into that 1780-90 region where there will be a lot of buyers sitting waiting.
Range for this chart is 1830-1865. Trend is down, however, reversal in play with support just below.
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