hello guys.
gold is bearish!
it tried to break the trendline but it was a fake one!
after retracing to the 33% level of the latter leg, it confirmed the downward movement!
so it is obvious it will touch the gray area at least!
target= $2290
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
gold is bearish!
it tried to break the trendline but it was a fake one!
after retracing to the 33% level of the latter leg, it confirmed the downward movement!
so it is obvious it will touch the gray area at least!
target= $2290
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Commentaire:
if the price will not touch a lower level than $2319 this analysis becomes invalid!
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