GOLD 0.51% $1,391.7 gold futures

gold, page-113098

  1. 1,648 Posts.
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    Unlike others on this thread, I do call it both ways.
    Before we go there, my charts suggest the following are beginning of support.
    AUD 62.2c, another 5% lower.
    XJO 6082, 7% lower.
    On Friday the POG in USD broke trend. Next level of support begins at $1,508 on a longer term chart.
    .
    https://hotcopper.com.au/data/attachments/4703/4703871-9939bcfb2a7c3ed13b6aaedb96b3f4cb.jpg
    .
    Sentiment was hit big-time on Friday. Prior to that it was just touching. Looks like a reversal to the downside.
    .
    https://hotcopper.com.au/data/attachments/4703/4703868-62b5bbde764245b6b1e2585806a2a3ab.jpg
 
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