XAUUSD(GOLD): More Fall?!

Well, as you can see the price penetrates below 1893 yesterday.

Now I am still bearish on the Gold chart and I expect the price to fall more to fill FVG.

We have two different scenarios:

The first scenario is the price starting the downward movement from 1902- 1906.

The second scenario is the price starting a downward movement from 1910-1920.

For these bearish scenarios, we can define 1880 and 1870 as TP.



💡Wait for the update!
🗓️17/08/2023
🔎 DYOR

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