GOLD 17.08.2023 UPDATE Long

Gold vs US DollarPepperstone

Description

⋅ Aug 17, 2023 3:10 PM

Here's 2 possibilities of how Gold could move on the intraday frame.

1. Gold keeps dropping lower and hits our $1,877 target.
2. We see a retracement towards $1,918 - $1,922 as a liquidity move, before price drops again.

What do you think?