Despite the Strong Break Down of the Trend Line, Gold as of the time of Publication has not shown follow-up Selling..
2025 2030 is the Value area for Shorts to re enter if they are to.
If Bears Fail to capitalise this opportunity, in that case 2045 zone could be tested..
More Bullishness Only above 2045
Bearishness Could Intensify Below 2005, in that case 1995 1990 could be tested..
Remember we are near Strong Demand Zone..
We Might see a Strong Bounce from the Demand zone of 1995 1980 before any further bearishness.
2025 2030 is the Value area for Shorts to re enter if they are to.
If Bears Fail to capitalise this opportunity, in that case 2045 zone could be tested..
More Bullishness Only above 2045
Bearishness Could Intensify Below 2005, in that case 1995 1990 could be tested..
Remember we are near Strong Demand Zone..
We Might see a Strong Bounce from the Demand zone of 1995 1980 before any further bearishness.