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Gold Registered An Amazing Drop

The yellow metal dropped aggressively today and reached the $1333 per barrel again. Has opened with a gap down and now is trying to recover after the immense drop. The failure to close above the lower median line (lml) or on this line has signaled that a corrective phase is favored in the upcoming period.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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