We should expect a bearish continuation of the GOLD move. If the market doesn’t break 1766, the price should go lower. The 1750 zone is where bears might be waiting and pull the price lower. Watch for 1766 as resistance and 1750 zone for shorting. Targets are 1705, 1667 and 1650. Only a break above 1766 is temporary bullish
For a look at all of today’s economic events, check out our economic calendar.
Cheers and safe trading,