Gold overall looks to be a buy, but i believe before that there will be possible sell forecasts to look into in which would drop to around 1794.5 (within that region). In my opinion from there it is a strong buy to firstly 1817 then to 1845/1855 level which you could take profit.
Short-Med term bearish, long term bullish ( i believe this cycle still has to finish correcting before we can start accumulating foe the next one).
Just my own opinion but I'm seeing that everyone is all bullish because we've just had a pump, & people are now thinking we're in the Wyckof Accumulation phase.. Are we forgetting that the Wyckoff Distribution has 2...
Supports at 7889 and 7806. short term bearish pressure. 55 EMA looking to cross above shorter EMA's. lower lows and lower highs indicate bears may take over short term.
