MaxxPayme
Short

Weekly Gold chart - possible downside targets

COMEX:GC1!   Gold Futures
292 2 5
Weekly close below 1181 brings 1097 then 1004 then 867 measured move target off of descending triangle consolidation pattern.
thanks for this post
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MaxxPayme manijeh.kazemi.33
My pleasure. Just be aware that this is a weekly chart. This chart is not suitable for near-term direction. Short term, gold could always rally. Any weekly close above the red downtrend line would raise caution for further short sales. Good luck.
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