In the past two weeks, I’ve argued that Gold could drop to the 1740 support zone and, indeed, after breaking under the rising wedge’s support and the failure to stay above 1800, XauUsd slid to my highlighted zone. So, now …
In my yesterday’s comment I said that Gold could rise above 1800 and, indeed, the price spiked up. However, bulls were unable to keep the price elevated and the market closed with the price under this important figure.From a technical …
After a drop on Friday after the NFP announcement, yesterday, Gold has recovered losses and managed to finish the day close to the top of the range.Since the recent 1680 low XauUsd is putting in higher lows on our chart …
Gold remains in a very important juncture zone Since March touch of the ATH above 2000. Gold has entered a downtrend and has dropped 3500 pips from that top to 1680 important support.A recovery followed from this point and now …
Gold is stuck in range Since the beginning of the month(2 weeks now), Gols is stuck in a range between 1770 and 1790 (with some marginal spikes).Is unlikely for Gold to stay so much in a 1% range and I …
Silver- Drop to 19 (a 3000 pips drop)? Since August, Silver is trading in a 10-12% range, with a low just above 22 and a high in 24.50 zone.At the beginning of November, we have a false break above resistance …