Gold have form a head and shoulders chart pattern. Indicating a stronger bearish trend.
And, price have almost touch critical area, or neckline. A break below 1281 will confirm a strong sell.
However, the behaviour of gold always like to send a false signal; false breakout.
And, price have almost touch critical area, or neckline. A break below 1281 will confirm a strong sell.
However, the behaviour of gold always like to send a false signal; false breakout.