In the small timeframe we see the trend in gold bearish then the formation of a channel that has now been broken and is now doing a pullback in the fibonacci area is predicted to continue its decline again.
Note
there is potential for prices to drop to 3317-3323
Note
wow look at that big drop.
400+ pips from entry
Trade closed: target reached
Happy holiday guys, see u on next signalOverall, we did well this week.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.