In my previous post i mentioned that there is a posiblitity for gold to fall. Yesterday gold did fall below 1915(previous support zone) after a small retest(support becomes resistance)In my opinion gold will fall further towards 1902 area were another support level is and also QM buy zone(1902-1907)(higher high and lower low)
2 options. GOld will respect this 1905 support/qm buy area level first pulls back to 1915-1920 and gold will fall again and break the psycological 1900 area to seek as low as 1887
Resistance: 1915, 1930, 1942,1953
Support levels: 1902, 1887
2 options. GOld will respect this 1905 support/qm buy area level first pulls back to 1915-1920 and gold will fall again and break the psycological 1900 area to seek as low as 1887
Resistance: 1915, 1930, 1942,1953
Support levels: 1902, 1887