Short

GOLD market structure analysis

Updated

The previous supply zone failed to hold price on 1H time frame. And if the second zone at 1963.11 on the 1H time frame is respected, we can wait for confirmations on lower times frames and maybe look for a market structure shift.

Note: This could be a short term downtrend.

Note

The zone was finally respected

Note

Gold is now on a bearish move!

Note

I may drop to 1937.72

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