Gold is perfectly following the bottom trendlines creating higher lows and looks a good buy entry. SL - 1800
However if this trend is broken we will see much more losses to around 1750 area.
Currently a clear downtrend!
My prediction is it will go back up and may even break out of the downtrend!
If we break 1800 i would wait to see its next moves
Good luck all
What do you think
However if this trend is broken we will see much more losses to around 1750 area.
Currently a clear downtrend!
My prediction is it will go back up and may even break out of the downtrend!
If we break 1800 i would wait to see its next moves
Good luck all
What do you think
