Gold bugs are waited by disappointment
Updated
Yes, today gold shows small growth and again the price rested against the psychological resistance 1800 about which I already spoke more than once. It is visible that more and more gold bugs enter gold in hope for growth, but I consider, it is wrong. I expect a price reversal down on one of resistance (are specified on the chart). The purposes remain the same a trend line, 1680, further 1620 and then 1550.
Information provided is only educational and should not be used to take action in the market.
Information provided is only educational and should not be used to take action in the market.
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