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IS GOLD LOSING ITS BULLISH MOMEMNTUM???
CFDs on Gold (US$ / OZ)
Short
IS GOLD LOSING ITS BULLISH MOMEMNTUM???
By Mlando17
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Feb 6, 2023
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Feb 6, 2023
1] Bearish harmonic pattern spotted on the daily time frame...
2] I Was expecting the price to push up to $2000 before declining...But the NFP event led gold to an earlier decline...
3] On the hourly time frame the market has broken a trendline it's been obeying since the 23rd of November...
4] A break through the new minor support will be my final confirmation to go short...
Fundamental Analysis
Harmonic Patterns
Trend Analysis
Mlando17
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