gold chart + signals
The gold dropped down yesterday due to the obvious sell of gathering enough levels of bearish momentum reaching the bottom as low as 650.80s, this move might be considered a preparation move to the downside since the gold remained below the major resistance level at 662.00.
The trading range for today will be between the key resistance at 662.00 and the key support at 649.00.
The general trend is up as far as 635.00 remains intact targets now at 700.00 and 720.00 target then at 747.00.
selling Gold below 655.00 with a target at 649.10, stop loss above 660.00.
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