Gold Morning Technical Report 2/10/2015

ecPulse
2015-10-02 10:42AM UTC

Gold declined, trading below 1111.00  and that could bring a re-test of 1105.00 followed by 1100.00 psychological and may be 1098.00. A break below 1098.00 would expose 1091.00 and 1082.00.

Strong negative sign appears on ADX and moving averages; thus, we remain bearish on gold as far as 1120.00 and 1121.00 holds.

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