- We have consistently put forward proposals on fisheries and subsidies that we feel are straightforward
- If there is to be a deal, it has to come together in mid-October
- There is the ability to have informal talks right up until the European Council
As I discussed in the previous review, the Gold is still in the downside trend but most recently I have found that 3-day balance.
Further Development
Analyzing the current trading chart of Gold, I found that there is the balanced regime between the price of $1,876 (resistance) and support at $1,848.
II would watch for the breakout of support at $1,848 to confirm further downside continuation and potential test of $1,810 (projected downside target)
1-Day relative strength performance Finviz
Based on the graph above I found that on the top of the list we got Lumber and Dax today and on the bottom Natural gas and Feeder Cattle
Key Levels:
Resistance: $1,876
Support levels: $1,84
