Gold Spot / U.S. Dollar
Short
Updated

bearish fibo for gold with 4 possible target

399
usually I will ignore the 3rd and 4th target
and focus on 2442 and 2431

all 4 target = based on SL hunt theory Im backtest, still work (if now work anymore I will search a new way), but take time because right now I'm in clash of 2 different concept
1. complex sideway to trap seller and taking time until mid august bullish top cycle
2. looking at silver still bearish on weekly, maybe it's a valid bearish trend? I don't know
Note
homework done for 2451 found the fibo and the reason
snapshot
Note
long term bearish if under 2416 snapshot
Note
2420.9 support retest done...
Surprised with this drop
Note
2414 retest done...
Man... is this bearish trend long term...

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