As Gold heads down lower. We are looking for a clean range of motion to the downside. The Gold candle closed below the 1978.75 area with the candle confirming that there is more volume to the downside. Following this range. It's looking to be clean traffic going all the way down to the low of the candles bearish rejection wick at 1969.77. Price may struggle to break lower than this area but we will need another confirmation on candle close before we can verify anything to be more confident. I will be at a safe entry at the new 30m candle open at 1977.55 doing a safe scalp until 1975. The more aggressive traders can target 1970
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We have hit our target! Congratulations to all!
