ForexGent

GOLD huge move to the downside

OANDA:XAUUSD   Gold Spot / U.S. Dollar
gold today has seen a big move to the downside breaking below its monthly zone, we know that there is push and pull in the market right now as there are new variants but also reopening of some countries so we was expecting a bit of turbulence. so now we have broken to the downside, we can now look for technical entries to the downside. what we will wait for is exhaustion, contact of our monthly zone and price action and entry confirmation for a move to the downside. we will keep you posted on this trade
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