Technical analysis of gold for November 23, 2016
Gold price continues to trade sideways around the $1,220-$1,210 area where the 50% Fibonacci retracement of the entire rise from $1,045 is found. Gold price has not given any confirmation of a trend reversal, so a trend remains bearish and price is in danger of breaking below $1,200. My longer-term view remains bullish Gold. Blue […]