Gold - sentiment switched from bullish to bearish
Hi traders.
Difficult to say whether we will see gold going up soon. There is much fear, liquidity and pressure on the yellow metal.
We might see prices going up, perhaps until 1700 levels, before going back down to the 1400 levels, and bounce back to higher levels
Bodies are touching new lower lows without higher highs, and we might see this continuing.
All the best and take care
Kevin
Difficult to say whether we will see gold going up soon. There is much fear, liquidity and pressure on the yellow metal.
We might see prices going up, perhaps until 1700 levels, before going back down to the 1400 levels, and bounce back to higher levels
Bodies are touching new lower lows without higher highs, and we might see this continuing.
All the best and take care
Kevin
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