YaKa

Gold - Ultra Pivotal Here - In Price and Time

FX:XAUUSD   Gold / U.S. Dollar
401 2 2

The next 3% dictate the market. Up or Down.

It is not dead yet, it could jump still but if trades decisively through 1170, it would be ugly.

Above 1250, it could rally hard.

Note:
The move today was eurusd             driven.
I see eurusd             move down floored at 1.06 for the the next few weeks.
The move is also coupled with some correction hints on SP500             which could end up supporting Gold             .

Again, there is no way to know here for sure, it is just very pivotal.
Indeed, a very strong level.
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yes, at support, however, imho odds favor break down
snapshot


GOLD - READY TO BREAK DOWN?
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