GOLD Shor/Med-Term BEARISH STRONGHOLD???
Good day traders!
Last week, intraweek highs was liquidated/manipulated and our most premium supply level mitigated
It seems though as price has reversed to the downside since (short-term basis).
Could $2300 be our next stop? - Being it is our next medium term institutional demand level , with adequate sell side liquidity resting above to magnetize prices towards.
Though on a very short-term basis price is oversold and bullish retracements seems probable before another sell-off!
lets see what could happen next..
Safe & happy trading to you all!
Last week, intraweek highs was liquidated/manipulated and our most premium supply level mitigated
It seems though as price has reversed to the downside since (short-term basis).
Could $2300 be our next stop? - Being it is our next medium term institutional demand level , with adequate sell side liquidity resting above to magnetize prices towards.
Though on a very short-term basis price is oversold and bullish retracements seems probable before another sell-off!
lets see what could happen next..
Safe & happy trading to you all!
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