Hello Traders!
A little incomprehensible situation for gold. Definitely sell, but the question is where.
The price is near the strong resistance line and the resistance level 1459.6 and I would say we are definitely selling from this level BUT! the price fell too well in a week and therefore a false break to the resistance line is possible.
The short-term target is 1448, although I'm sure gold will go lower.
A little incomprehensible situation for gold. Definitely sell, but the question is where.
The price is near the strong resistance line and the resistance level 1459.6 and I would say we are definitely selling from this level BUT! the price fell too well in a week and therefore a false break to the resistance line is possible.
The short-term target is 1448, although I'm sure gold will go lower.
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