The last bullish movement in gold stopped at the EMA 200, 0.382 retracement, and the old trend channel.
I would like to see the gold price going down to $1240 to retest the October low where it might continue the bearish trend towards $1200.
We have important news for the USD this week and the US election is in 10 days.
So there might be soon a lot of action in the market.
I would like to see the gold price going down to $1240 to retest the October low where it might continue the bearish trend towards $1200.
We have important news for the USD this week and the US election is in 10 days.
So there might be soon a lot of action in the market.