Tuesday, November 12, 2019
GOLD COMEX RANGE AND ANALYSIS :> Bearish Scenario:A sustained move under $1457.10 will indicate the presence of sellers. This move is likely to continue to generate the downside momentum needed to eventually challenge the August 1 bottom at $1412.10.
Overtaking and sustaining a rally over $1457.10 will signal the presence of buyers. This could set up a 2 to 3 day counter-trend rally with potential upside targets the main Fibonacci level at $1471.00 and the main 50% level at $1489.20. Sellers are likely to re-emerge on a test of $1471.00 to $1489.20.
[7/20, 6:03 PM] vstradingsystem: Sell gold 48250-48300 sl 48351 target 47700-47500 [7/20, 10:01 PM] vstradingsystem: sell gold 48250 low 4...