Gold was in line with our previous analysis. Kept advicing to sell the gold market. Currently we need to focus on the daily closure. Because if if closes below 2003. More selling pressure will follow. 2005-2008 is daily/weekly resistance level.
Focus on the support level 1977. Posible longterm buys at this level. Priceaction is key.
Resistance: 2000, 2006, 2015 Support: 1990, 1980
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it is posible that gold fall directly from1995.
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Daily perspective:
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GOld still hovering around 1990. Waitfor 1975 for buys or 2006 for sells.
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