GOLD broke support
As previously stated:
If it continues its downward trend the next support is around 1800, if this fails last line in the sand is at 1792, which could bring the price down to the mid 1700's.
Target reached and need to think about how it will go from here. We're definitely going to see some kind of recovery, but I'd set my stop loss at the previous candle swing low at 63.5.
Personally waiting for a buy signal before I step back in.
If it continues its downward trend the next support is around 1800, if this fails last line in the sand is at 1792, which could bring the price down to the mid 1700's.
Target reached and need to think about how it will go from here. We're definitely going to see some kind of recovery, but I'd set my stop loss at the previous candle swing low at 63.5.
Personally waiting for a buy signal before I step back in.
Penafian
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