GOLD ON WEDNESDAY
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Gold Right now is At Over Bought Territory.It feels gold will take a Little Dip.
As we mentioned Last week, that gold will Only trade in between 545 - 585 level, And thats whats happening. It gets a kick back from 580 Level.
This thing will continue till NEXT WEEK - WHEN MAIN THING COMES - FED MEETING FOR RATE HIKING.
And by that time, Daily Chart MACD, And Everything will Stabilize, and then July will be a New Rise for Gold.
We Are further Analyzing right now
posted by GoldTrade @ 10:35 AM
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1 Comments:
So,
do you suggest a short from this level? with first targhet above 568$?
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