Sep 7 - after the labor day weekend, gold just dropped 2% which is a quite a significant drop. Seems 1833 is a resistance level for gold, and as you see this price level is well respected back in July and early August.
I wont go too much on the time count and the drop has come a bit later than i expected.
Next target 1757
I wont go too much on the time count and the drop has come a bit later than i expected.
Next target 1757
Trade closed: target reached
Yes gold has dropped .... freefalling
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.