Gold trades in range from 1035-1048 last friday,weekly close price belows 1050 level.
Some signals for gold testing down ward on next coming week together with Dow Jones.
Sell gold around 1046-1048 near 2tops 1048 level.
Stoploss higher 1049 level,if gold break up higher 1049 level,so it is easy to test up 1055-1058 and 1061 level.
Target around 1042 -1039 -1036 then 1026 level of bottom last week,put profit stop if gold break down 1026,when the support was broken 1026 we can see gold drop back to 1016- 1009- 1002 level, strong support at 983 level now.
Dow Jones cash may rebouce up to 9825-45 level before testing down ward again to 9630-9585 level.
I will start to post the daily commentary in next week for the entry level of some product.
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