GOLD is making lower lows in the descending channel.
The market is consolidating after a drop from the resistance level and 50% fibo level.
Price is testing the reaction zone where price dropped twice.
We expect further consolidation until the new trend is confirmed by a breakout of the support or resistance.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The market is consolidating after a drop from the resistance level and 50% fibo level.
Price is testing the reaction zone where price dropped twice.
We expect further consolidation until the new trend is confirmed by a breakout of the support or resistance.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
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🔻FREE Telegram channel🔻
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