GOLDEN Correction

Hello Everyone, it seems gold is in a big Daily correction. I am anticipating a bearish wave down to the 1.13 ext and .886 ret. confluency zone. As of a sell from top, it may be too late, but any Trend Continuation Patterns found on lower TF may be a good opportunity to Sell!! Good Luck!

Yorum:

There is a nice TCP forming. There is a good chance it will bounce into a bigger pattern once it reaches the bottom, but either way it is still a good setup to have for if it breaks.
RSI is confirming direction and .618 and .786 look like good PRZs as of now. Worst case scenario, this can end a break even trade if managed properly

Yorum:

Huge fall!!