Gold continued to fall yesterday and tested 1700 as we were expecting. The market found support at the round number and has recovered this morning.
It is possible that a low is in for this correction, though we need to see more evidence of a bottom before we look at a long position. Resistance will be found at 1718, 1730 and 1755.
Today's video looks at some signals that we use to indicate whether a bottom is in and levels we consider key for confirmation of a bottom.
It is possible that a low is in for this correction, though we need to see more evidence of a bottom before we look at a long position. Resistance will be found at 1718, 1730 and 1755.
Today's video looks at some signals that we use to indicate whether a bottom is in and levels we consider key for confirmation of a bottom.