Oro / DollaroLong
GOLD looking likely to rebound, but expect manipulation...
The zone/region just above $1,850 should provide an area of support for a potential rebound and recover some of its earlier losses this week.
I wouldn't jump in long at this point as we are looking to experience more manipulation in sight of the fed interested rate decision later tonight. But at this price point we could see a new leg to the upside approaching. Especially as we are now resting on the 200 DMA.
I wouldn't jump in long at this point as we are looking to experience more manipulation in sight of the fed interested rate decision later tonight. But at this price point we could see a new leg to the upside approaching. Especially as we are now resting on the 200 DMA.
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