gold fulfilled the sharp descending trend. and the new trend is going to happen.
as it reached to target, the area of correction is clear in the chart ...
Gold reached its strong resistance. The market will test supply and demand around 2000, to see who is more powerful and make sure for strong support and make decision to find the best way to go.
It is been demonstrated after wave 1, wave 2 with the form of triangle be completed.
If gold save its support, it has an ability to go for the third wave.