GOLD: Important Warning!!!

this is my weekly update for gold.

currently, I don't have any active position.
However, based on the question that I received this morning
I see that many traders missed yesterday's selling rally and still want to jump in.

Analyzing structure on the left, we can easily notice that gold has reached a key support level.
+we see a formation of a dodji candle and multiple rejections.

For this reason, I think it is late to sell the market,
I think the price will retrace from the identified support.

*If you want more ideas on gold, please, support the idea with like and leave a comment, thanks :)

Yorum:

thank you for supporting the idea!
really appreciate that!