GOLD have big chances decline to support level $1835
Hello my friends, today I want to talk with you about GOLD .
We can say that gold still being in ABC correction and not ended it at this moment.
I think price need at least touch support line or even break it and going lower.
Now price back to resistance/mirror level 1900$ and I think we will see a pullback.
Price can make fake breakout of mirror level, but I don't think that this will be higher than 1910-1920 $
I think gold can fall to support line which coincide with support line 1835 $ which is our current target.
And after this we will see what to do next, long or short.
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
We can say that gold still being in ABC correction and not ended it at this moment.
I think price need at least touch support line or even break it and going lower.
Now price back to resistance/mirror level 1900$ and I think we will see a pullback.
Price can make fake breakout of mirror level, but I don't think that this will be higher than 1910-1920 $
I think gold can fall to support line which coincide with support line 1835 $ which is our current target.
And after this we will see what to do next, long or short.
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
