Gold downward momentum
H4 candle is revealing sign of reversal from recent retracement, pending confirmation shortly.
Gold prices has rebounded to resist below 1980. Once price break below 1960. We would expect the range has been tested and further decline to 1940 and to 1920. However, if price stays above 1960 , there is a chance for rate of the 1990 area.
Gold prices has rebounded to resist below 1980. Once price break below 1960. We would expect the range has been tested and further decline to 1940 and to 1920. However, if price stays above 1960 , there is a chance for rate of the 1990 area.
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