The three bearish days in a row could be a potential near term bearish development on Gold. If a retest somewhere between 3370 and 3400 happens relatively soon and rejects it could potentially be in for a bearish extension. 3373 would be the 0.618 and 3388 would be the 0.5 retracement area. With a potential target down toward 3248 area
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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.