Gold down after strong US employment!

gold 06.02.

Gold bears finaly manage to brake 1250/55 support at the end of the week. I followed the employment data today and gold start to fall before the news, from 1265 to 1258! But, that’s not news on gold! After US employment data was out, gold tumbled furder down true the 1250/55 support and daily MA200, true the H4/MA200 at 1239 and until now reached the low at 1228.35! What next? There is a minor support at 1220/25, bellow that there is Dialy MA100 at 1216 and 1205/10 under could be stronger. Well, it’s the end of the week. Take care and enjoy your weekend traders! 😉

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