GOLD Look for this sell setup to the previous lows

Hi traders:

Looking at GOLD for potential sell move down to the previous lows.

We have seen GOLD consolidate for a while since the strong bearish drop from early August.

Price has been in a side way consolidations, and we see many LTF corrections and impulses.

Latest price shows a recent double tops, and price impulsively break below the correction its in, could signal the beginning of the next bearish run.

I would wait for the LTF correction to form here and complete before adding a sell down to the lows.

Thank you

Yorum:

Look for more continuation structure to bring the price down lower/

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