0117 GOLD will test 2000 with retail sales today ?
Updated
Hello traders,
GOLD has been rejected from 2070 several times.
The recent time that it is getting so close to 2070 happened last Friday with PPI.
It has been dragged from pressure zone down 35 dollars.
With retail sales today, it could be very easy to drop hard again to test price zone round 2000. But I won't say it is for sure.
The best idea is that it will go sideways price action after retail sales and make us a new signal to sell it again.
GOOD LUCK ON THIS PLAN .
LESS IS MORE!
GOLD has been rejected from 2070 several times.
The recent time that it is getting so close to 2070 happened last Friday with PPI.
It has been dragged from pressure zone down 35 dollars.
With retail sales today, it could be very easy to drop hard again to test price zone round 2000. But I won't say it is for sure.
The best idea is that it will go sideways price action after retail sales and make us a new signal to sell it again.
GOOD LUCK ON THIS PLAN .
LESS IS MORE!
Note
Broken trendline for gold.But still not break through 2000 yet.
Note
Note
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