Big drop is coming in GOLD
I think gold might go down to test support from strong resistance at 1850.
The price show a losing momentum and it created divergence at the resistance.
I think it might go down to test support from resistance if price makes a fake break or double top .
My goal is the support level at 1825.05.
The price show a losing momentum and it created divergence at the resistance.
I think it might go down to test support from resistance if price makes a fake break or double top .
My goal is the support level at 1825.05.
Note
tim 4H . Gold down level and point 1840 is drop to 1817.Note
point 1828-1823 is support level .
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.