LilRusty

14/06/22 Gold analysis

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has made a peak formation low back in 16/05 and has been consolidating since then going up and down, Gold now has made a monstrous Bearish drop to grab sell orders of the retail traders and is now consolidating around the 1830.00 zone, price is expected to do a immanent reversal soon and will continue on it's Bullish run for the Bearish is just just a fake out, Fast Moves = False trend.
Gold will then continue climbing it's levels until it reaches Peak Formation High.

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