Chart of the Day Gold

Gold is rejected from a strong resistance

Gold is rejected from a strong resistance 1520 level again. A break above 1520 is required for a complete upside reversal. Rejection from here and a break below 1510 will lead to a substantial move lower into 1400.

ARMAT trading system is neutral

Note: look for the short trade entries with the stop loss above 1510 level 

 

 

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