Gold. December 2. Daily timeframe
1) Distributive rise may end.
2) Yesterday's daily candlestick closes after the paranormal rise above the level, but today it forms a false-break
3) After the false-break, the price consolidates around 1802. This might herald the beginning of a pullback
4) The daily RSI forms a bearish signal. We are getting ready to pullback.
5) The next liquidity zone that may interest traders is 1825, but price has no energy for that Waiting for a pullback
1) Distributive rise may end.
2) Yesterday's daily candlestick closes after the paranormal rise above the level, but today it forms a false-break
3) After the false-break, the price consolidates around 1802. This might herald the beginning of a pullback
4) The daily RSI forms a bearish signal. We are getting ready to pullback.
5) The next liquidity zone that may interest traders is 1825, but price has no energy for that Waiting for a pullback
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