Gold Drops From 1840/GC Target; XAU Projects Drop to ~115 & Impending Low.
09/18/21 Weekly Re-Lay – Gold & Silver extended their declines after Gold had rebounded far enough (in early-Sept) to attack key range-trading resistance at 1840.0/GC. That spurred a subsequent decline that had Gold test and hold its weekly HLS on Sept 10 (1784.9/GCZ – the extreme downside target for that week) – a pattern that portends a 1 – 2 month low in the ensuing 1 – 3 weeks. […]
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