GOLD IS SET TO MOVE LOWER
Hello traders & investors!
We have nice setup for Gold. On daily it was rejected at important daily supply zone. Now we are stuck in little range and we can expect some sideways action.
Once we start breaking lower, it should be a vicious move.
My targets are $1676.91 & $1611.34. Personally I am not trading it, will look for good places to add bullion at blueish ractangle.
That's it, very simple concept :)
This is not a financial advice. Until the next one!
We have nice setup for Gold. On daily it was rejected at important daily supply zone. Now we are stuck in little range and we can expect some sideways action.
Once we start breaking lower, it should be a vicious move.
My targets are $1676.91 & $1611.34. Personally I am not trading it, will look for good places to add bullion at blueish ractangle.
That's it, very simple concept :)
This is not a financial advice. Until the next one!
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