GOLD GOING TO 1077 - WEEK, 750 - YEAR, 1090 - LATER

GOLD GOING TO 1077 - WEEK, 750 - YEAR, 1090 - LATER

5 October 2015, 05:34
forexintel
0
68

Gold going down to 1077. Expecting the gold price to 1077 and further below from this week. If this week's candle does not go below last week's low then there is a remote chance that the gold price might go up from next week. The gold price is near a high ZZ in H1, H4 and also D1, which is always a good sign for a SELL and not a BUY. Looks like that the gold price will not range within the triangle but break down from the triangle by this Wednesday. If it doesn't then will think about other possibilities.

 

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