Gold has been shooting down for the week and now it lies at 1459 which break 1460 barrier. As we highlighted in yellow, it still the area of interest for gold whether a bounce from here is possible.
Personally i feel a long i possible as Trump might says something negative and postpone the tariff removal towards china and have Gold shoot up all again. We will need to see how the market open over the weekend if bearish still holding power, we soon be seeing it hit 1400 over the coming week.
Personally i feel a long i possible as Trump might says something negative and postpone the tariff removal towards china and have Gold shoot up all again. We will need to see how the market open over the weekend if bearish still holding power, we soon be seeing it hit 1400 over the coming week.