This range that is forming at the beginning of the year is just a bearish pause for the continuation of the down move.
Target is the 50% of 2024's range notated in Gold. This will take out September 11th's pin hammer candle's low.
Two big clues are the false break at the highs and the FOMC break in structure



Target is the 50% of 2024's range notated in Gold. This will take out September 11th's pin hammer candle's low.
Two big clues are the false break at the highs and the FOMC break in structure
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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.