Gold Is Bullish But Watch The Small Intraday Bearish Pattern

Gold is bullish but it is at resistance and can make a retracement.

Gold is bullish but it is at resistance and can make a retracement.

If we see the break below 1866 then Gold is going to retrace further. We should see a move down then up and go long the dip. A possible sell is coming first  however, at the break below 1866 and we should look to possibly buy the dip around 1847-50 which is the POC zone. For longs the target is 1882.

(Click on image to enlarge)

 

STOCKS IN THIS ARTICLE

Comments