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GOLD correction complete, enter at the next structure breakout
Gold Spot / U.S. Dollar
Short
GOLD correction complete, enter at the next structure breakout
By jojofang0901
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Aug 20, 2020
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Aug 20, 2020
Hi everyone:
I have been patiently waiting for the correction to complete on GOLD for the next down move.
We see the sharp down move from the top, and a deeper correctional structure developed.
Latest price action saw the bearish down move, broke out of the structure.
As always, waiting for the next lower time frame continuation structure to enter is the valid sell.
Look to see the price gets pushed down to the previous lows.
Thank you
Chart Patterns
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Parallel Channel
priceacton
structure
jojofang0901
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