GOLD 0.51% $1,391.7 gold futures

People imho if 880 breaks with conviction then stops will push...

  1. dts
    3 Posts.
    People imho if 880 breaks with conviction then stops will push pog down to the 800-850 level. atm longs outnumber shorts on spot gold in the US. If 880 breaks one could assume the longs will begin turning to shorts pushing pog to its 50% retracement of 850ish. What happens from there who knows? Interested in opinions as I decide whether to re-enter in low 800s.
 
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