SET ALERTS FOR GOLDS DROP TO THE BOTTOM OF THE CHANNEL , LOST THE SUPPORT OF THE 200EMA AT THE PRESENT AND THE DXY MAKING A BIT OF A COMEBACK HAS PUT THE PRESSURE ON GOLD . WITH THAT SAID WE ALL KNOW THAT THE FED JUST KEEPS PRINTING SO SET ALERTS FOR THE BOTTOM OF THE CHANNEL BEFORE FILLING LONGS AND WATCH THE REACTION FIRST . TARGETS ARE LAID OUT ON CHART ... LIKE AND FOLLOW WOULD BE GREAT
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Gold still struggling to break the resistance ...I remain confident that we will hit the orange box ..Again alerts set
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testing that red line of resistance once again
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Ok so Gold has just hit my area of interest , What i would like to see now is the price to hold here or down to the .66 / bottom of the channel and head up to the targets shown in time .
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I will chart a new perspective on Gold next week, wont be buying here as this looks weak and will breakdown outside the channel ..
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