GOLD Bearish Forecast and Outlook
Hi everyone:
GOLD hasn't been on my watch lately, as I thought price hasn't develop anything that would fit my plan to enter.
Now, the recent development is interesting and we could potentially get some bearish bias in the market that can confirm downside.
What we are seeing here is some pattern separation of the price.
After the initial bullish up move, price failed to continue higher, instead a bearish reversal impulse down.
The latest price action shows us the price is in yet another consolidation, but more ascending like.
Good indication of a bearish down move when price finishes correcting.
Watch for lower time frame downside, follow by continuation before entering.
Thank you ALL for the feedback, support and likes.
ITs your positive engagement that will motivate me to create more trading analysis, forecast, live streams updates, educational contents, and much more continuously in future.
DISCLAIMER:
-My forecast and analysis are NOT financial Advice, you should not trade and invest solely on this information.
-There are many scammers & fakers impersonating me, my channels/platforms to scam people. Be very careful as I will NEVER private/direct message you first no matter what.
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.