Gold fell directly from 2054 to 2025 today. The current trend is to form a triangle pattern. When gold rebounds to 2032 tomorrow, it will determine the trend of gold prices. If it breaks 2032, it will continue to rise to around 2048. Or down to around 2003 when it hits 2032.
I'll update my thoughts tomorrow. If you like my analysis, please give me a like and join me.
Updated Plan.
Plan 1 - Retest of previous support turned resistance around 1960 then a further drop
Plan 2 - Further drop to the new support between 1900-1910
Note there is a gap in gold which is unfilled between 1865 and 1870.
