Gold Spot / U.S. Dollar
Short

Gold 1H Intra-Day Chart 17.11.2024

286
Gold markets are oversold so sooner or later we will see some form of short term recovery. Here is what I am looking for next;

Option 1: Gold prices dip lower keep lower towards the next target of $2,534 before prices recover.

Option 2: Gold keeps dropping towards $2,520 where price action will create some form of inverse H&S pattern.

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