Despite gold closing bullish for the month of July, Price action indicates bears are still in control and there are opportunities for swing-sells
The reason for this is due to the fact that the 1970-1990 levels were rejected in the month, showing strong resistance is still intact and we can anticipate the support created at the 1900 level to be broken for a continuation down to 1825.
The reason for this is due to the fact that the 1970-1990 levels were rejected in the month, showing strong resistance is still intact and we can anticipate the support created at the 1900 level to be broken for a continuation down to 1825.
