As you can see in the 4hr chart price is currently testing strong resistence level, and giving us some confirmation through rejection candles. We see some drop from this level
Gold at its very good level to short from here if sellers are here to take buyrs on this level then we can se some good shorting oppportunity from here
Gold is currently in the Major Area of Bigger time frames where gold can go very deep if it falls from this region so CPI will give us the Clear picture what market will present Next.
Currently pair is testing critical resistence as u see in the charts bigger time frames are very bearish so taking shorts will be better options
Well gold breaks major area of 1707-06 after full day consolidation possible short will be below 1703 if we get close close of hously candle.
In the next two GJ Is going to correct itself Marked the area and looking for seels
As we se gold is very bullish from past 2-3 days it is likely to continue its momentum