GOLD :: bearish pressure
My view on GOLD has not changed. I remain bearish at the moment with the same target.
In this weekly chart things make more sense to me. Unless we break out the current descening channel (1790+) I would keep holding shorts.
If you observe carefully you will see a falling pattern every certain weeks ;) We might keep moving sideways in the current range till the next drop.
In this weekly chart things make more sense to me. Unless we break out the current descening channel (1790+) I would keep holding shorts.
If you observe carefully you will see a falling pattern every certain weeks ;) We might keep moving sideways in the current range till the next drop.
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