Gold - Swing Model Shows 1720 A Possible Target
Our swing model indicates that the swing may have turned bearish from bullish given the case that gold has failed to close above 1825 for a couple of sessions with lower highs.
Now gold might head to 1750-1770 support are with a probability of some extension to 1720, if gold's major support 1790 is broken.
Now gold might head to 1750-1770 support are with a probability of some extension to 1720, if gold's major support 1790 is broken.
Kommentar:
Gold broke 1790 and reached support at 1760. The support area must hold or risk of gold going lower is inevitable
