GOLD WILL FALL AGAIN WAIT!!
Updated
hello guys hope you have a great week . price moved according my forecast and fell +350 pips .
last day gold price gained as bond yields fell after weaker than expected us .gold still is in downtrend .the price is moving in a range area i think if gold dont break descending channel to the upside can go down again .also in daily gold is in an uptrend. in h4 time frame price made a wedge pattern broke trendline and fixed below that
now price want make a new lower high and then will continue downtrend
last day gold price gained as bond yields fell after weaker than expected us .gold still is in downtrend .the price is moving in a range area i think if gold dont break descending channel to the upside can go down again .also in daily gold is in an uptrend. in h4 time frame price made a wedge pattern broke trendline and fixed below that
now price want make a new lower high and then will continue downtrend
Note
as i expected price make a new lower high and fall again come back to the downtrend
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.