Peet_Serfontein

Gold $ spot: temporary weakness?

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Below 1850 supports a bearish trend direction.
RSI leaves enough room for further downside price potential.
Downside price momentum is also applicable.
Crossed below its 200-day simple moving average - supporting a bearish trend direction.
Major support around 1770.





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