kennmast

$1832 price; A major support for GOLD or no

TVC:GOLD   CFDs on Gold (US$ / OZ)
Seeing GOLD price falling consecutively on a daily frame and approaching the lower multi week channel line support..., Plus a previous candle having a low on the 200SMA, and a divergence pattern of the CCI oscillator, all signals price 1832 to be a recent major support for GOLD. Buh CPI reading today decides if it continues a further decline below the MA or gets a draw down balancing then begin a new trend.. A massive decline on the CPI could trigger a sharp rally above the 1832 price and

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