Dislikedkind of shooting star with doji in the last two days... That implies a possible retrace of the commodity...good resistance at 32 MA.... Having also known that DXY is near at two years bottom support...it is quite possible to see lower prices in gold First target 1301... Venceremos {image}Ignored
now have a look to a "different perspective"
The two years diagram shows clearly that 1300 is not only psichological border but also at φ=38,2 fibo...
Needless to say that i am stay out waiting to see the action price till the end of us session to design the next steps...
Happy trading
The good thing with the future is that it is progressively approaching...