GOLD BEARISH
Updated
GOLD still rejected the daily resistance area 1825-1830 and today shows strong rejection from this area again.
Possible Head and Shoulders pattern, also descending channel.
My opinion it might bounce bit to 1820ish but still will be bearish
Goodluck
Possible Head and Shoulders pattern, also descending channel.
My opinion it might bounce bit to 1820ish but still will be bearish
Goodluck
Note
Big drop happened today til 1788 - 1795, now seems like it finds the calm spot around there. For my point of view, it's going to be short again and I will wait patiently if it will hit 1795, if not I am thinking it will drop further more til next support. For my trading strategy rnow I am not going to nothing but wait Thank you for sharing your ideas in the comment
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