NikitaMarket

GOLD. The beginning of the correction is confirmed.

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
At the moment, the trading instrument has probably entered a correctional phase, which is confirmed by the breakdown of the ascending structure at the 1981 point and consolidation below it.

Based on my vision of the market, I can add the following: in order for the price to continue its downward movement, market participants need to increase sales volumes in the premium zone, which, I believe, will be reflected in the price chart in the form of growth, where we will enter the market on sale.

Entry into positions is carried out only when a confirming pattern is formed.
Dear friends, if you have any questions about the description, please write in the comments.

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