Can GOLD continues lower ? Price action is the key
Hello traders:
Looking at GOLD here for possible further downside momentum.
We can see price has already dropped out from the previous corrective structure, and impulse down.
They key here is to wait for price action to develop further continuation structure to give us confidence for additional sell momentum.
I do want to see a correction similar like the previous one before the bearish drop to consider the entry to the next lows.
Thank you
Looking at GOLD here for possible further downside momentum.
We can see price has already dropped out from the previous corrective structure, and impulse down.
They key here is to wait for price action to develop further continuation structure to give us confidence for additional sell momentum.
I do want to see a correction similar like the previous one before the bearish drop to consider the entry to the next lows.
Thank you
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