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Gold was dropping since 15 Oct, and yesterday it has suddenly broken all intraday trend lines and started moving up, but today opening bell will make you for think twice.
If it closes or stay below to the support then we may see again big downfall up to S: 26700 – 26600 levels and if it stays and close, close above to the support then we’ll see R: 27094 – 27172 – 27286.
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You may keep selling copper until it close above 343 level. Copper will be hit 338 level soon. If that close above to 343 levels, then we may see some up moves…