fredpui

$gold drop as anticipated

Short
fredpui Updated   
COMEX:GC1!   Gold Futures
Sep 7 - after the labor day weekend, gold just dropped 2% which is a quite a significant drop. Seems 1833 is a resistance level for gold, and as you see this price level is well respected back in July and early August.

I wont go too much on the time count and the drop has come a bit later than i expected.

Next target 1757
Trade closed: target reached:
Yes gold has dropped .... freefalling

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