Secondly, in past weeks (while gold was in bull movement) you said that commodities were not subject to oversold/overbought conditions and now you note it is currently in oversold condition.
How much should we pay attention to oversold/overbought for gold?
Regards,
Thank you very much. What about 1270 - as you mentioned yesterday?
Regards,
At the same time we have "222" Sell which suggests drop at least to 1275 Fib support, but I would say it should be somewhere 1270, as YPP stands at 1269.
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