GOLD is expected to SINK.
There are many reason why we feel it may SINK
* HAMMER in WEEKLY Chart.
* To SINK and come near 1199 LEVELS
* Stoch RSI (3,3,14,Close) clearly states it maySINK.
* RSI(14,CLOSE) Is also of the same view.
* CCI(20,CLOSE) Is also the same
Keeping all the above indicators in view along with the chart pattern we expect it to sink. Our...
Previously selling the Gold with Butterfly pattern is still valid,
now we are going to make another short with the downside level of 1083,
and stopped level at 1112.
Right above the weekly support level.