Green lines play as support and resistance zones.
As of right now I see this precious metal breaking resistance and flying back up to the 1750$ area.
Second option is it could bounce back off resistance where it is at now, fall down to 1150 wish then fly up.
And lets think about this for a second... Could gold REALLY go down under 1000$??
I don't think so. Thats is why I remain bullish on this commodity.
As of right now I have no position, waiting for an entry.
As of right now I see this precious metal breaking resistance and flying back up to the 1750$ area.
Second option is it could bounce back off resistance where it is at now, fall down to 1150 wish then fly up.
And lets think about this for a second... Could gold REALLY go down under 1000$??
I don't think so. Thats is why I remain bullish on this commodity.
As of right now I have no position, waiting for an entry.