Although falling below $1345 on Fri. is a negative signal, however $1335 still holds.
At present,$1338-1345 area is critical.
If price back to $1345 above, it's neutral, but possible to move up
If break out $1338, it's more likely to fall.
Now I'm still holding the long positions for Gold.
From Jul.28 to now, longer term buyers are buying from $1330-1335, I belive they won't easily give up.
At present,$1338-1345 area is critical.
If price back to $1345 above, it's neutral, but possible to move up
If break out $1338, it's more likely to fall.
Now I'm still holding the long positions for Gold.
From Jul.28 to now, longer term buyers are buying from $1330-1335, I belive they won't easily give up.