Hello traders gold after recording a new high we have what looks like reversal after a sharp drop from the newly high we was a on pull back that probably will be a distribution in price we seen yesterday the market was trying to balance sell side imbalance now we might see a drop on gold to get to the less resistance liquidity areas lets see how it play out let me know what you think
Comment:
we can sell gold right now b4 the break we have 3 touches now that means confirmed trendline
Comment:
we might need to hold it all the way to tp
Comment:
we are still sell on gold for next week