i.imgur.com/2ACzIDu.png GOLD 8 hr - Now.. Incase we break under and get close under we head for a 115X drops - else for now would expect bounces to make it back to 1240 zone for starters.. i.imgur.com/WWKz3IZ.png GOLD Daily --
Note
1220 holds out - looking for push to 1240-42 for now.. Short term bullish from here onwards..
Gold making a print of 1220 was a GAME SET & MATCH..........
The break and close under to it is setting up for a newer leg lower.. 1200 or where we are is support for now; but the move now tgts 1170 zone with extended running down to 116X. In any case we start hovering under 1160 zone; the gold will start getting heavier for a further lower push to 110X and subsequently lower for newer lows...
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