Hello traders, I'm here again! What's happening in the world of GOLD now? Currently, the market is down, and the USD is stronger. I hope you see how I mapped out the chart and marked the higher-highs and higher-lows. Now, a change of structure has occurred. Lower-lower has been formed while Lower-higher is yet to be formed, which willreverse after the price retracted back to the resistance level, as drawn by a blue line in the chart above.
Entry: 1984.00 Take Profit: the extreme low or 1944.79 Stop loss: 199p. 87