Z3REX

Z3REX

Gold can give 5-10 dollar move after the Breakout from the 1905 to 1916 range to either side

Z3REX

Let's wait for the breakout it might melt down to 1920's if to goes down this time.

Z3REX

It's working out perfectly from past few days break to the either side can speed up the momentum.

Z3REX

Seems like gold retested the support and getting rejected closing under recent lows can finally bring it down to 1910s but sustaining below it is important else sharp upside expected in NY session as HTF is still bullish.

Z3REX

Dxy breaking out in either side can help to push the gold on the opposite direction as well

Z3REX

Unless it breach pasts 1780 it seems like we can finally head downwards for now in short term and if we breach 1730-1720 zone then definitely we not going back up again for long time. This is just my thought don't take it as a financial advice

Z3REX

If we comfortably break and sustains below 19.00$ can easily catch a downward move upto 18.50-18.00$ This is not a financial advice just basic chart analysis