Gold Weekly analysis
Hello.
There are 2 bearish harmonic patterns in convergence here, a butterfly and a max Gartley.
the resistance level (by harmonic factors) is shown on the chart. I expect a bearish wave here down to the target levels.
if the price breaks the resistance level, it can start the corrective wave from the next bullish target.
There are 2 bearish harmonic patterns in convergence here, a butterfly and a max Gartley.
the resistance level (by harmonic factors) is shown on the chart. I expect a bearish wave here down to the target levels.
if the price breaks the resistance level, it can start the corrective wave from the next bullish target.
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