Gold has fallen to 3L and appraoching 4L.
Strong support at $1260 which is only $20 away.
Stochastic is mid range so there might be room to go down from current price of $1283.
Strong resistance $1340.
I forecast market to trade sideways bias down towards $1260.
Short opportunity $1315
Long opportunity $1279
SL $8
TG $20-24 / close EOD.
Strong support at $1260 which is only $20 away.
Stochastic is mid range so there might be room to go down from current price of $1283.
Strong resistance $1340.
I forecast market to trade sideways bias down towards $1260.
Short opportunity $1315
Long opportunity $1279
SL $8
TG $20-24 / close EOD.
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