Gold 2nd Strive at Practice Via on Reversal Fails
Chart Ready by means of Jamie Saettele, CMT the usage of Marketscope 2.0
-Gold’s sliced through the 6/28 close (1234) on Monday before reversing higher and forming an outside day reversal.
-The next few days are critical as follow through (close higher than today) would increase evidence that a near term low is in place. Tuesday and Wednesday’s attempts both failed.
Trading Strategy: Flat
LEVELS: 1180 1208 1230 gives foreign exchange information and technical prognosis on the tendencies that affect the worldwide foreign money markets.
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