Gold seems ready to test the lows again
Updated
Gold dropping below the 20d MA - seems ready to test the 1675 lows again.
If it can bounce off these lows then we can start talking about a potential trend reversal
If it can bounce off these lows then we can start talking about a potential trend reversal
Trade active
#gold now hanging by a thread right on double bottom support @ 1680 . If it can hold-on it can rally towards the 20d MA @ 1720, if it breaks, 1640 comes next. Place your bets.
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