Reasonable move down today for gold but no change to our forecast.
Those of you have have gone short at our initial short entry point may want to consider stops around 1785 and certainly at your entry position – as if it moves up their it will likely reach the higher short entry zone.
The next few days – into early next week – certainly could prove very interesting as gold decides whether to respect the current “unconfirmed” trend line – or head lower.
Please Donate to help keep our analysis FREE
Disclaimer
The content on this site including products sold in our store and our posts on Twitter, Facebook, Instagram, Pinterest, Linkedin and any other site or medium are not investment advice. If you wish to trade or invest based on our analysis you should do so with great caution and consult your financial adviser. Remember never to invest or trade more than you can afford to lose.