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Spot gold may retest a support at $4,317 per ounce, with a break below possibly triggering a fall into the $4,298-$4,317 range. The fall from $4,400 is expected to consist of three waves. The metal failed twice to break a resistance at $4,373, suggesting the completion of the second wave. The current wave c is capable
Spot gold may retest support at $4,317/oz; a break below could open a move into the $4,298–$4,317 range. The metal failed twice to break resistance at $4,373, after falling from $4,400.