Is gold retracing or more bull? If it reserves here I have the charts up and you can see here in solid gold . If it continues, I'm looking for 1229. If there's a light pullback before continuing to 1229, it might not be deep. DXY bounced off a critical area too; 100.3 above 100.25 which would have signaled it falling deeper. If DXY continues to fall, gold will regain it's movement bull .
Gold's 1h RSI is right at trend line . It could bounce and go higher or begin the next movement down. Will watch and see.
Solid Gold: Bearish Crab 1218
GoldOutline: Bearish Deep Crab 1229
Gold's 1h RSI is right at trend line . It could bounce and go higher or begin the next movement down. Will watch and see.
Solid Gold: Bearish Crab 1218
GoldOutline: Bearish Deep Crab 1229
Comment:
Pay attention to each level. .236 fist. If it doesn't break it, I'll close the short and watch.
Trade closed: target reached:
1204 reached.
