At the start of the year I had a bullish view on gold.
After a failure to close and hold above the confirmation price at 1.282.76 price fell for consecutive weeks.
We now have a potential move to the downside as price has now broken and closed below the 1.184.10 level.
Potential next targets 1.027.8 - 775.89.
Dwayne Graham, 25 April 2015
Source:https://www.linkedin.com/pulse/gold-bearish-outlook-dwayne-graham
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