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Gold end-Jan 2020 (Mid-Term Correction)
Gold Spot / U.S. Dollar
Gold end-Jan 2020 (Mid-Term Correction)
By OwenMohd
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Updated
Jan 22, 2020
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Jan 21, 2020
There's a decent setup to build short positions from 1574 to 1580.
Its taking awhile for daily correction to kick in because there's a mini uptrend wave that needs to complete before correction.
Jan 22, 2020
Note
New short zone: 1579-86
Jan 23, 2020
Trade active
New pattern may have formed. Bears have been hammering daily support for too long so bear correction may have already started. Shorted here at 60-65
Trend Analysis
Wave Analysis
OwenMohd
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Gold Correction Play (Mid-Jan 2020)
by OwenMohd
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