InvestMate|GOLD Continuation of declines

Updated
🪙GOLD Continuation of declines

🪙Quick play

🪙Gold has been in a downtrend for some time now
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🪙Gold has been in a sideways trend for a few days now
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🪙There is a high probability of declines to the 1643 levels of the cluster 2 fibo levels 0.236 and 0.786 measuring the largest upward wave and correction

🪙Taking entry now at 1657 level
Stop is set at 1667 level
Take profit at the level of 0.236 or 1643$
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Trade closed: target reached
Of course
Chart PatternscomoditiesdollarGoldshortTrend AnalysisWave AnalysisXAUUSD

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