Gold: Broke bull cycle, deeper retracement to Long again

Published on Tuesday, 30 October 2018 08:37 ,by  FxGrow Investment Research Desk


Gold
 
has broken major bullish cycle 

RSI and MACD also indicates broken cycle. 

We are in deeper retracement now, watching for 1220 - 1215 ( reaction zone) as targets as deeper retracements. 

recommendations: 

Sell at 1230 - TP 1220- 1215 - SP 1236 

Buy at 1220 & 1215+/- , SP 1208 - TP 1230 - 1240 - 1252
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