Gold FuturesShort
Gold reaches the low of the year - Continuation?
Gold plunges in less than a month to reach back the low of the year 1275.400. Prices are actually in a strong consolidation and heavy movements may occur.
Likely scenario : Bearish (SELL)
Next institutional Level : 1260.00
Setup - Sell Breakout of 1273.00 (Year's low) - Stop loss @1278.00 - Take profit @1261.50
Likely scenario : Bearish (SELL)
Next institutional Level : 1260.00
Setup - Sell Breakout of 1273.00 (Year's low) - Stop loss @1278.00 - Take profit @1261.50
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