As I said yesterday, the strong reversal from 1830 gives me reasons to be bearish.
At this point, Gold, looks like is carving a double top (not confirmed yes) with the neckline around 1790-1795.
A break of this support would confirm the pattern and give scope to further losses.
1750 is the measured target for the double top and also technical support
At this point, Gold, looks like is carving a double top (not confirmed yes) with the neckline around 1790-1795.
A break of this support would confirm the pattern and give scope to further losses.
1750 is the measured target for the double top and also technical support
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