GOLD HAS IMPORTANT LEVELS TO WATCH NEAR TERM. 1296- 1185 IS A MIDDLE RANGE OF THE TOP 1372 TO 1126. TAKE ADVANTAGE OF THESE LEVELS AS IT BREAKS AND MAKE YOUR TRADING EASIER. AS YOU CAN SEE PRIZE IS CAPPED ABOVE 1296. I AM BEARISH ON GOLD LOOKING AT THIS PRIZE ACTION 1296 NEED TO BE TESTED BEFORE RESUMING A DOWN MOVE. HOPE THAT HELPS
Komen:
IF GOLD PRIZE RISES ABOVE THE 1307 THAT INVALIDATES ANY BEARISH MOVE HERE.
Komen:
1268 prize may be important to determine the near term direction on gold.
Komen:
below 1260 the bearish trend may continue