GOLD CORRECTION STILL IN PLAY

13 Oca 2021

Gold has been in correction after reaching ATH and there is still lots of profit in shorting at accurate levels. I cleared the chart and made it as simple as possible which is always much better to see what's going on. There is a clear rejection outside the channel and we see a dense rising wedge at 4H. Bulls may think about taking profit inside the green triangle and bears can enter new positions. GL to all.