Thai Baht Gold has reversed its position to downside

29 Eyl 2023

This aligns with my anticipation of a price retracement from 33,440. Presently, the bearish trend appears robust, necessitating patience until the price establishes a support level in the vicinity of 33,070/90 for a suitable entry point for buying. Additionally, I'm looking for the price to construct and fulfill an ABCD pattern, meeting my criteria for initiating a position in Thai Baht Gold when it demonstrates strength.