Wright now on chart gold is in sell more then buy.I am talking just from chart point of view.no fundamentals.
daily could go to daily 200 ema ,bounce back to lower edge of cloud and then more down.
or straight below 200 ema but for now i dont see that power for that direct push.
I am more for sell around 1723 to this low area we had 1685-86.In oshort range or sell if we break that 200 ema,but first up to that cloud on daily.later if that goes well target is lower edge of weekly cloud 1630 area
daily could go to daily 200 ema ,bounce back to lower edge of cloud and then more down.
or straight below 200 ema but for now i dont see that power for that direct push.
I am more for sell around 1723 to this low area we had 1685-86.In oshort range or sell if we break that 200 ema,but first up to that cloud on daily.later if that goes well target is lower edge of weekly cloud 1630 area