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Dzinsai
Jun 29, 2020 4:25 PM

A reversal is likely for gold 

Gold FuturesCOMEX

Description

Hello traders! It is possible that growth is coming to an end. I think there is a v of (c) of {v} wave going on right now. The key level is $1754. If the price starts to decline from the current value and breaks $1754, then the wave v of (c) will be a truncated wave. This idea will also be confirmed by breaking through the lower borders of the channels. I would advise staying out of the market until the reversal is confirmed.
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