Bearish to neutral
Updated
gold must end this sideways and proceed up in 2 3 days otherwise downtrend will proceed
weekly hammer bullish
but 1815 fib 38 pushing down hard
overall theme is bearish not turned bullish yet
next 1833 50fib and a long term falling resistance line will strike gold somewhere 1818 1830 can have hard downward push bulls unclear yet
h4 head and shoulder if cmpltd 90% already done can push it back to 1775 area
weekly hammer bullish
but 1815 fib 38 pushing down hard
overall theme is bearish not turned bullish yet
next 1833 50fib and a long term falling resistance line will strike gold somewhere 1818 1830 can have hard downward push bulls unclear yet
h4 head and shoulder if cmpltd 90% already done can push it back to 1775 area
Comment
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