GOLD is in the consolidating zone following the drop from the resistance level.
The market broke and closed below the reaction zone.
Price pulled back to the consolidation border and descending channel border as well, where we have resistance and a 38.2% fibo level.
We anticipate further consolidation until a new trend is confirmed.
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The market broke and closed below the reaction zone.
Price pulled back to the consolidation border and descending channel border as well, where we have resistance and a 38.2% fibo level.
We anticipate further consolidation until a new trend is confirmed.
-------------------
Share your opinion in the comments and support the idea with Like. Thanks for your support!
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