Gold Struggling to Stay Afloat

Source: Rick Ackerman Published on Friday, July 7 2017
Related articles and keywords:   Free - Futures - Georgia - Gold - I-min. - Support - Traders - Trading - World
August Gold is struggling to hold above a 1217.50 Hidden Pivot support and would need to pop to at least 1248.30 in the next 3-5 days to get out of jeopardy. Failing that, we might expect the futures to continue down to at least 1194.40 in search of traction. That is the midpoint Hidden Pivot of the large corrective pattern shown, and it seems likely to provide a great bottom-fishing opportunity if and when it is touched. In the meantime, I’d suggest trading with a bearish bias, presumably by sh
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