GOLD UPDATE- How far gold can Fall ?
How far gold can fall, well harmonic patterns suggesting a probability of bat pattern , which can take gold price to 1716 levels, plus these levels are also aligned with price action support around 1680 levels.
There is a intermediate support around 1800 levels, so keep an eye on price action around this level, you might see temporary bounce from here.
So as of now, according to my analysis 1716- 1680 this is the zone up to which gold prices can or may fall.
This bat pattern probability would get negated if price closed above 1970 levels.
If in future I spot any changes in prices , I will update here accordingly.
If you are trading this, you are trading completely on our own risk.
There is a intermediate support around 1800 levels, so keep an eye on price action around this level, you might see temporary bounce from here.
So as of now, according to my analysis 1716- 1680 this is the zone up to which gold prices can or may fall.
This bat pattern probability would get negated if price closed above 1970 levels.
If in future I spot any changes in prices , I will update here accordingly.
If you are trading this, you are trading completely on our own risk.
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