Gold reached our lower target where we were expecting strong support and a potential reversal on the price. However, we can see on the chart the trend is broken and the price is retesting the trendline trying to break in. For this reason we will remain neutral on this for now as breaking back inside will lead to a resumption of the bullish move but resistance here will lead to further declines in Gold.
GreenGateFX
GreenGateFX
