Gold my good friend. where to from here. Possible short?
Hi there,
How are you doing?
For those that watch gold, in the way i run through my analysis, we are an interesting position (as at the 13th of September 2019).
Clearly where we are now, we have some genuine support. There are a few " concrete floors " to break at present. if these floors are broken, then possibly (and maybe), 1,444 could be a potential target. I see some signs of weakness (possibly). Based on my daily chart analysis, i will be keeping a keen eye on gold.
Until we break the support levels (as shown on my chart), no action.
Best regards,
@bazzman78t
How are you doing?
For those that watch gold, in the way i run through my analysis, we are an interesting position (as at the 13th of September 2019).
Clearly where we are now, we have some genuine support. There are a few " concrete floors " to break at present. if these floors are broken, then possibly (and maybe), 1,444 could be a potential target. I see some signs of weakness (possibly). Based on my daily chart analysis, i will be keeping a keen eye on gold.
Until we break the support levels (as shown on my chart), no action.
Best regards,
@bazzman78t
bazzman78tv
Updated December 2021
Updated December 2021
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