Gold Idea

i see price coming back up to the resistance level around 1940-1945 before gold goes for another downtrend to around 1925-1920.
Gold prices are going to continue to fall until tomorrows NFP news. I believe then that gold is going to skyrocket...

Comentário:

gold did exactly what i predicted it would do today. It rose to 1945 and then dropped back down to the 1920-1925 zone. Now looking at Gold we can expect gold to either drop further to around 1910 or it can enter a phase of consolidation until tomorrows NFP news. We can expect gold to fly around the time of NFP's speech as the US released some information yesterday regarding their employment goal for August. The US only achieved about 50% of their goal which still results in a high unemployment rate thus I believe gold is going to push for 2000 or even a new all time high above 2075.

Be prepared guys, i wish you the best of luck and success.