GOLD 0.51% $1,391.7 gold futures

Why HUI down 8 %????, page-4

  1. 7,702 Posts.
    lightbulb Created with Sketch. 11
    Gold seems to have broken the "Bullish Order Block" of 28 Jan, 2016 @1,124.63, (long indicated on this Chart, a complex concept which I won't try and to explain), but the level repeated many times.
    We have to see where the week closes.
    But if it closes at or below this (complex to grasp) Support, it is gong to hell.


    Last edited by wombat53: 16/12/16
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.