ITCFX

GOLD BEARISH FOR CORRECTION ?

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
As we can see
Trendline on 4H timeframe was broke
and gold try to going up , but rejection in several time
so my here my forecast
i expect gold will bearish for correction on daily timeframe making higher low
if you guys wanna entry , please wait for confirm such as bear flag
however this scenario can be fail , if gold break resistance / trendline
thankyou

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.