We waited Gold yesterday to close above the resistance level to end it's current correction, but it didn't and extended the correction further.
Now Gold penetrated the down trendline which means that we ended the current correction.
To be updated....
Now Gold penetrated the down trendline which means that we ended the current correction.
To be updated....
Comment:
If Gold break the current support level, it will reach the next one easily..
Comment:
needless to mention that the current bearish outlook only holds if the market break the support. Otherwise we have our bullish outlook
