GOLD MAY SEE 250X -24XX Hello Traders,
From the pattern I see on the chart, Gold is likely to continue the downtrend to 2501 or even lower as there is a likelihood for price to take out the low that created the ATH for Gold before any form of reversal.
There is a high probability that price may mitigate the "Bearish Mitigation Block" - The purple zone on my chart which is ranked first in the PD Array and crashes to the support at around 2501 and if that breaks, the tiny FVG in my chart may be closed first before reversal.
Patience is a virtue in trading. I will patiently wait for my levels.
Trade with caution and apply proper risk management.
