Summary

Because the gold market is trading below $1,467, it activated a bearish trend momentum.

Wait for the market to come down to the Buy 1 or Buy 2 levels of $1,464 or $1,462.

The VC PMI also tells us that if the price closes above $1,468 using the 15-minute bar it negates this bearish momentum.

A second close above $1,468 will activate the levels above; the daily target of $1,478 and the weekly target of $,1477.

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