Midas_Calista

Gold Prices Expected to Decline

Midas_Calista Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
So far, the price movement closely follows this roadmap. The consolidation depicted in the chart is not intended to precisely predict price movements but is illustrated as a prediction of potential base areas that may form. Thus, the range of 2191-2106 can be considered a crucial zone before a reversal or continuation of the trend occur
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I think the price of gold will react at the Fibonacci level and then decline.
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The price has surpassed the previous peak; I think it will drop to clear liquidity before reversing direction.
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