Gold: no sign of mean reversal at the mean time

11 Tem 2022

We have achieved our goal to 1753 from 1878. Further downside looks more likely than upside. Gold recently broke out of new 1hr timeframe uptrend having triple touch at the top of the trend which is likely to lead to the new trend expansion. Downside targets first at 1722 and second at 1670-80s. Gold need to trade above 1700 for hope back to 1878 to yearly high to be on the card. Failure to do so to limit upside potentials. Break below 1700