Gold is on the bottom that for me is the lower part of an ascending Chanel if it manages to stay above the firs resistance established by the FB reattachment of 1920, we will see higher levels. What do you think?
BTC has mayor sports:
1. $9,600,FB Trend Extension, JUST BROKEN
2. $9,000 FB retracement .50 psychological support
3. $7,800 bottom of the down trend channel and FB retracement .618
For mi if it goes down of 9,600 is a confirmation of braking the log term bull trend, so the next support will be 7,600
Taking a Tacking a look at the RSS and MACD, I suppose that the gold will touch the 1,220 mark. By 1 of July if it breaks it (thing that I do not believe) it will go to the next support line around 1,200. And I think we need to see the RSI under 40 and the price touching the lower levels of the Bollinger Bands to take a long position
