Gold heading for the longest losing streak since June 2006 as investors continue to reduce positions. The renewed dollar strength combined with the massive long position through Futures and ETF’s has left the market very nervous about the direction from here.
A strong band of support awaits the market between $886 and $895 and should hold the market for now.
Support: 905 896 890 886 866
Resistance: 922 930 940
A strong band of support awaits the market between $886 and $895 and should hold the market for now.
Support: 905 896 890 886 866
Resistance: 922 930 940
0 komentářů:
Okomentovat