Gold........... Buy or Sell ???

in gold •  8 years ago 

Gold has Broken 1236 a Important Moving Average
Gold at 1215 is trading on Again other Important Moving Average
which will b broken
1087 is Last Hope for the Bulls

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If it drops below $1200 I will buy. I'm not sure how low it will go but now is an excellent time to purchase.

Major Support is at $1087

I agree with your idea.
There is a support on that 1085-1090$ area.
Here's my chart: http://prntscr.com/ft9nle

consolidating trading range 1500-1100'ish until 2022?

Prediction of Date is very Tough in Technical Analysis