Some of you posting about support levels cannot read
the support is clearly at @ 1190 as its bounced off that twice in past 2 weeks
in between 1190 and 1220 is rangebound noise. if you look at the macd gold volume is neutral right now - neutral is not a support/resistance level.
the slow stochastic on the other hand is getting into oversold - probably fall to around 1195 before a rip up would be my guess. could be 10bucks upside
if it pushes meaningully below 1190 then id agree its under strurctural threat
you guys are massively overeading tiny data points either way
you;re either short or you arent objective.
its delicately poised. but there's bias in the way you are looking at it.
