Citi notes lower demand for gold and expects lower prices in the coming months.
#Gold breaks below the ABCD harmonic pattern, facing the 3385 support zone.
The Momentum oscillator crosses the 100-line downwards, confirming the power of a downtrend.
#TradeIdea
SELL #XAUUSD ONLY on breaking below 3385;
TP: 3320.
Destroy 👍 if it's time to sell Gold
Trade active
Trade closed: target reached
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USER𝐍AME. @XKing05
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Disclaimer
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JOIN MY FREE FOREX & GOLD SIGNALS TELEGRAM CHANNEL
USER𝐍AME. @XKing05
t.me/+wX1pwTyx-0VmODI0
EXNESS BROKER : one.exnesstrack.net/a/iok5e2yuvx
USER𝐍AME. @XKing05
t.me/+wX1pwTyx-0VmODI0
EXNESS BROKER : one.exnesstrack.net/a/iok5e2yuvx
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.