gold on short bearish to reform back on buy.

71
#XAUUSD price have dropped below 2900, which formed new pattern on bearish.

Now we await for another retracment below 2892 which holds strong sell. Target 2870-2865, stop loss 2906.


Below 2865 holds bullish reform because the candle moves shows a reversal to buy. Breakout above 2912 will continue bullish.

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.