Gold is moving in a downtrend that has high credibility.
The movement of gold is as follows:
Impulse movement and then a correction movement
Now the duplicate pattern can be seen in the chart again.
We expect a move similar to the previous move for gold
So, after passing the price of 1719, we enter the selling position.
The movement of gold is as follows:
Impulse movement and then a correction movement
Now the duplicate pattern can be seen in the chart again.
We expect a move similar to the previous move for gold
So, after passing the price of 1719, we enter the selling position.
Trade closed: target reached:
The first target was touched