Gold could continue its correction
As I correctly predicted and said yesterday, Gold has reversed from 1680 support.
The reversal was strong and Gold managed to break above 1700 important figure gaining 400 pips from bottom to the top.
At this moment we can assist with a retracement of this first leg up followed by a new leg of correction
I'm bullish as long as the price stays above 1700 and expect a rise to 1745-1750 zone resistance.
Buy dips is my strategy with negation under yesterday's low
The reversal was strong and Gold managed to break above 1700 important figure gaining 400 pips from bottom to the top.
At this moment we can assist with a retracement of this first leg up followed by a new leg of correction
I'm bullish as long as the price stays above 1700 and expect a rise to 1745-1750 zone resistance.
Buy dips is my strategy with negation under yesterday's low
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