June Comex Gold Bulls Have $1991.20 – $2012.60 on Radar
Bearish Scenario
A sustained move under $1958.70 will signal the presence of sellers. This could lead to a labored break with potential targets lined up at $1932.90, $1915.50 and the support cluster at $1908.10 – $1897.70.
A sustained move under $1958.70 will signal the presence of sellers. This could lead to a labored break with potential targets lined up at $1932.90, $1915.50 and the support cluster at $1908.10 – $1897.70.
A sustained move over $1958.70 will indicate the presence of buyers. If this move creates enough upside momentum then look for an acceleration into $1991.20 – $2012.60.