Gold- Volatile, but still bullish
Yesterday, after a new attempt to conquer 1950, Gold dropped hard and visited 1915 zone support, reversed and dropped again
Now, this consolidation is narrowing and we have a clear resistance and support in place at 1935 and 1915 respectively.
My bias remains bullish with confirmation above 1935. On the other hand, a drop under 1915 would delay the 2k scenario and expose the 1880-1890 zone.
Now, this consolidation is narrowing and we have a clear resistance and support in place at 1935 and 1915 respectively.
My bias remains bullish with confirmation above 1935. On the other hand, a drop under 1915 would delay the 2k scenario and expose the 1880-1890 zone.
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