This long forming corrective structure looks to shape up a big impulse down. Wait for break of corrective structure which will confirm a short. Long term targets are below 1200.
@pip_trader_2005, I think we are doing fine, holding jdst currently.
Memo_Mountain
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Can you please tell, How does a Break of Corrective Structure looks like?
Thank you for your accurate signals.
gsfx111
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@Memo_Mountain, When the price breaks the drawn lines, the correction moves like a trend, when it breaks, it is usually an impulse move breaking the correction.
gsfx111
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@Memo_Mountain, Overall, I'm bearish long term on gold right now, just waiting for confirmation