Comment on Gold on March 23 by Money Life Research

:bangbang: At the end of yesterday’s session, Gold price had a day of decline when the price fell from 1745 to 1727 ($ 18) closed the daily candle by a bearish candle at 1738. This is the 4th consecutive day in a row. while the precious metal Gold is still in the sideways from 1745-1725. With Gold still in this range, I still hold my personal opinion as in the last few days, we will sell down in this price range and wait for the breakout.

  • As I mentioned as yesterday morning’s comment. Personally, I am still waiting for a downward sweep of gold precious metal below the price zone that it is going sideways to be able to go up further so today we will continue to sell down precious metals. This is in the 1741-1746 region. Safe target will remain on the 1727-1732 price zone and expect 171x today.