Gold is now in the major 0.618, where there is a lot of rejection on that line, you can see a candle forming a short body candlestick and followed by a bear candle that is quite long to form a shoting star candlestick pattern SL: 1857.01 (75 pips) TP 1: 1837.54 (+1.55) TP 2: 1826.66 (+3) TP 3: 1808.86 (+5.4)
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.