Preferred direction: SELL
Comment: Gold continues to destroy buyers from the market, updating local lows. Selling strength is still present and given today's news data, we can expect another downward spill in the metal. The best scenario for the buyer would be a short passage under the level of 1900 and then try to gain a foothold above the level. But the buyer is still far from being strengthened.
Thank you for like and share your views!
Comment: Gold continues to destroy buyers from the market, updating local lows. Selling strength is still present and given today's news data, we can expect another downward spill in the metal. The best scenario for the buyer would be a short passage under the level of 1900 and then try to gain a foothold above the level. But the buyer is still far from being strengthened.
Thank you for like and share your views!
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