Gold- Big volatility, now what?
On Friday, Gold reached my 1812 target, and, after a short spike above, dropped like a stone and continued this drop into Monday's open with a low at 1770
Now the price is exactly in the middle of this new range, but most importantly in short-term resistance (1795).
A break above this resistance would confirm last night's drop as a false break under 1780 support and Gold has an open road to Friday's high at 1815
I'm bullish as long as 1780 holds
Now the price is exactly in the middle of this new range, but most importantly in short-term resistance (1795).
A break above this resistance would confirm last night's drop as a false break under 1780 support and Gold has an open road to Friday's high at 1815
I'm bullish as long as 1780 holds
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