Sive Morten
Special Consultant to the FPA
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Good morning,
Gold technical picture looks bearish. All short term bullish patterns have been erased. Nearest downside target is daily lows around 1600-1615 area. Thus, bulls have nothing to do by far, while bears could consider intraday resistance levels for short entry against CPI day top:
Gold technical picture looks bearish. All short term bullish patterns have been erased. Nearest downside target is daily lows around 1600-1615 area. Thus, bulls have nothing to do by far, while bears could consider intraday resistance levels for short entry against CPI day top: