Gold has formed the right shoulder; as well as rejected the 4hr & daily resistance level. Furthermore, it has respected out 4hr 61.8 fib. I believe price will fall as according to the chart I have posted. I will enter a trade on the retest of trendline.
I HOPE EVERYONE HAD A LOVELY CHRISTMAS & A HAPPY NEW YEAR! LETS SMASH 2022!
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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.