금 선물

$GOLD hit target zone - up or down now ?

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As per my previous analysis, Gold declined as predicted, and it hit the target price zone i marked.

so where to from here? gold bounced up from 1677.9 to 1715 as time of writing.

Will Gold rally up from here?

UNLIKELY !!! Gold will be trading sideways and i expect between the range 1665 and 1834.

If it breaks 1665 then gold could go much lower. The probability of it goes lower than 1665 is very likely. Why I say this, you can take a look at the asx gold miners like Gold Road, EVN, NST they all gapped down below a critical resistance line. I might take a short position in one of them

Lets' wait and see.



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