Trading1to100

GOLD BELOW 1235 NOW WHAT!!!

FX:XAUUSD   Gold Spot / U.S. Dollar
247 3 16
GOLD             has closed below 1235 and now looks like it is consolidating at 1218
It has also tagged AB=CD @ 162 could this be the end of it and now move to the upside or still continue lower?
breach below then there is support between 1207-1200 which can be potential support as long as prices remain above 1190

CLOSE below 1190-1180 then lower prices and potential test of 1150-1120 or even lower in the coming months.

Upside confirmation on close above 1235-1260 in the mean time downside/consolidation probable.
Great Chart bro . . .
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Trading1to100 freedom15
@freedom15, Thank you
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freedom15 Trading1to100
you are welcome @Trading1to100,
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