Bearish sentiment on Gold
Triple top is in play and is more clear if you look at H4 chart. Also, the price rejected around the 50% fibo level. I feel these are good signs of strong continuation in the bearish movement. My target would be 127.1% or 161.8% fibo extension levels. Cheers! :)
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.