Gold has been on a downtrend as of late and recently we have been trapped in a 50 pip consolidation region between $1830 and $1870.
Currently I can see a candle breaking out of this consolidation and I do expect a daily candle closure below and a retest around 1828.500 possibly on a lower timeframe followed by a further downside leg to $1780 and optimistically speaking - $1700 However only time will tell for my second target.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.