Golds Recent Decline
Updated
Gold continues to fall after breaking key range,
Golds forming a bearish channel, again what I spoke about yesterday. Also looking like a bearish wedge is forming.
Gold is approaching the key support of 1895. Possible rebound from the level to the nearest resistance I predict.
The trend is clearly bearish, I’ll be targeting sells today. If another key support is broken it will push the price further down.
I predict a retest of 1895 soon
Another support level of 1910 is broken and price is forming a consolidation below the level, also that impulse I spoke about yesterday.
Support 1895
Resistance 1910
Golds forming a bearish channel, again what I spoke about yesterday. Also looking like a bearish wedge is forming.
Gold is approaching the key support of 1895. Possible rebound from the level to the nearest resistance I predict.
The trend is clearly bearish, I’ll be targeting sells today. If another key support is broken it will push the price further down.
I predict a retest of 1895 soon
Another support level of 1910 is broken and price is forming a consolidation below the level, also that impulse I spoke about yesterday.
Support 1895
Resistance 1910
Trade closed: target reached
Note
Smasheddddd
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