As seen previously once price broke the support line it took a big drop but recovered quickly. Its safe to say once its broken again it will take another huge drop.
My reasons for this are the fact Gold has kept rising despite all technicals showing that it should be ready for a sell. I appreciate Gold is a safe-haven but there's only so much manipulation something can take.
Once support is broken I am expecting to see a crash in the market. Price should fall to the lowest lows just as oil did previously.
My reasons for this are the fact Gold has kept rising despite all technicals showing that it should be ready for a sell. I appreciate Gold is a safe-haven but there's only so much manipulation something can take.
Once support is broken I am expecting to see a crash in the market. Price should fall to the lowest lows just as oil did previously.
