GOLD is still in the grip of bears!

gold 12.11.

After the several interesting days on gold, bears still hold the precious metal in control. Wheter the bulls reach their territory over 1180?  Let’s see what could happen first here at 1160 where we have a solid support for now. Up trendline is waiting for possible turn out today, because gold is looking slightly bearish now. If 1160 holds today, bulls could attack 1180 again and brake is possible. If 1160 support brakes, there comes another minnor one at 1148/50, and the stronger one at 1130.

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7 comments

  • Jump to 1270 and back to 1260/62?

    Liked by 1 person

    • Like I said on my headline, bears are still in control and bellow 1280 is their territory! Let’s see can this support at 1260 hold them again or…

      Like

  • You are moving the market Mario. 🙂

    Liked by 1 person

    • 🙂 Hahah, that’s because I said on my Facebook site this, ‘ Bulls are you ready for another attack?’ That’s the power of Face, hahah. Just kiding, but that was just what I was expected! 😉

      Like

  • That was quick, thanks! 🙂

    Liked by 1 person

    • No problem, you are welcome. 😉

      Like

      • Kakav tajming, savršeno. Great job!

        Liked by 1 person

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