Gold went below support area at 1875. Since yesterday A recovery is developing, with the increase to 1875 - A movement could now begin. However, A outbreak of 1875 is also possible, which can lead to further increase up to 1887 and 1900 before the downtrend are expected to continue. Only above 1920 would be the buyer's side. If gold fails at 1848 then we see 1795.
Trade closed: target reached:
Target 1795 reached!
Germany30 and S&P500 Intraday analysis August 23rd. and weekly update 34. Posted at twitter: twitter.com/SP500_Dow