In my previous Gold Analysis a couple months ago, I talked about the market structure of Gold which is indicating a big downward move soon.
So far, the market structure has failed to give any bullish signs while the bearish probability has been increasing in the meantime.
The wave count shown in the chart is my primary count for Gold. Bulls are almost exhausted and in the upcoming couple weeks, I would not be surprised if gold crashes.
So far, the market structure has failed to give any bullish signs while the bearish probability has been increasing in the meantime.
The wave count shown in the chart is my primary count for Gold. Bulls are almost exhausted and in the upcoming couple weeks, I would not be surprised if gold crashes.
