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Another great opportunity to sell GOLD!
The effect of the USD news is coming into play and we see price accelerating.
However we expect this to be just another opportunity to sell GOLD.
The target remains at 1700! In order for this move to have enough strength for a downside leg we shouldn't see price above 1766.
We will be watching out for an entry signal on a candle close!
You can see how this situation will develop in our daily analysis here.
Support us by giving us a like and also leave a comment down below!
However we expect this to be just another opportunity to sell GOLD.
The target remains at 1700! In order for this move to have enough strength for a downside leg we shouldn't see price above 1766.
We will be watching out for an entry signal on a candle close!
You can see how this situation will develop in our daily analysis here.
Support us by giving us a like and also leave a comment down below!
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