Trade Alert
Gold is hanging around the short-term tentative upside line for now. But if it doesn't hold, then please see the possible scenario shown on the chart. We could see a bit of a correction back to the downside, especially if Gold gets below 1215.
If the precious metal reverses and moves above 1235 again, we could set ourselves for a possible test of the 1245 area, or even higher.
Please see the chart for levels.
Don't forget your SL.
Gold is hanging around the short-term tentative upside line for now. But if it doesn't hold, then please see the possible scenario shown on the chart. We could see a bit of a correction back to the downside, especially if Gold gets below 1215.
If the precious metal reverses and moves above 1235 again, we could set ourselves for a possible test of the 1245 area, or even higher.
Please see the chart for levels.
Don't forget your SL.