Gold is at a prior 2013 bottom and again below 1200. If price stays belows 1200 it can move lower into 1180-1150 which is a potential buyzone (based on a support zone from 2010)
Targets are 1250 - 1300 - 1350 (200DMA).
This thesis is invalid if we get daily closes below 1100. This would open the possibility for 1000
Targets are 1250 - 1300 - 1350 (200DMA).
This thesis is invalid if we get daily closes below 1100. This would open the possibility for 1000