Take a look at Gold, what say you?
Gold Daily Chart
Group Support level: 1522
Psychological Support 1500
Next bottom: 1475
You think it is a good buy now?
I think not yet.
Bargain hunting to buy some precious gold, may be buying
action should only come next week.
This week, lets continue shorting!
No signal from hourly chart, no signal from 30 mins
chart, not overbought, neither oversold.
Daily Range 23 pts.
Can short when market returns 1540.
Target exit: 1522
Target exit: 1500
Will be greedy to buy when it fall below 1500 towards
1475.
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