Gold- sell on confirmation
Yesterday Gold found support in 1940 and after the second failed attempt of a breakdown, broke 1950 resistance and catch some bullish momentum.
However, although we have this rally, I expect to be short-lived and I maintain my bearish bias.
I will look to sell Gold on confirmation and a dive under 1950 would put in another lower high on our chart and give scope for a new retest of 1910 support.
However, although we have this rally, I expect to be short-lived and I maintain my bearish bias.
I will look to sell Gold on confirmation and a dive under 1950 would put in another lower high on our chart and give scope for a new retest of 1910 support.
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