gold must end this sideways and proceed up in 2 3 days otherwise downtrend will proceed
weekly hammer bullish
but 1815 fib 38 pushing down hard
overall theme is bearish not turned bullish yet
next 1833 50fib and a long term falling resistance line will strike gold somewhere 1818 1830 can have hard downward push bulls unclear yet
h4 head and shoulder if cmpltd 90% already done can push it back to 1775 area
weekly hammer bullish
but 1815 fib 38 pushing down hard
overall theme is bearish not turned bullish yet
next 1833 50fib and a long term falling resistance line will strike gold somewhere 1818 1830 can have hard downward push bulls unclear yet
h4 head and shoulder if cmpltd 90% already done can push it back to 1775 area
Note
previus one month ago we shared something incredible u can have a look on my profile of our sell idea at 1906
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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.