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Midas_Calista
Mar 27, 2024 2:09 AM

Gold Prices Expected to Decline 

GoldOANDA

Description

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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Comment

I think the price of gold will react at the Fibonacci level and then decline.

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Comment

The price has surpassed the previous peak; I think it will drop to clear liquidity before reversing direction.

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