We’ve seen a good run up for the shiny stuff after its 1241.50 lows but we’ve seen a cap this morning so far as traders book a few profits ahead of decent tech resistance.
$ 1283 was the 61.8% retracement of 1308.6-1241.5 while 1292.80 is the 76.4% line
High so far 1285.25 and currently 1280.03
Gold 4 Hour 16 June
Are you ForexLive longs booking some profit here or looking for a breach of 1300-10? Bears still comfortable to stay short ?
