GOLD could make a final dip

posted by genuinelyFX at 07/06/2015 - 18:24 GMT

Gold is moving sideways since March this year. No positive reaction to Greece’s trouble yet. A final fifth wave could be needed before we start climbing again. Support bellow 1100 level, maybe into 1050. But before that we need to break support at 1150.

GOLD weekly data


We had a similar move in August last year. We could get a plunge next.

GOLD daily data


Trade safe!