Gold may get short next week?
In my point of view, there will be 3-ways gold may create.
Mostly I think it will go short. (short is the main trend ), - Target 1685
In a monthly chart, we can see an M formation waiting to reach the neckline then go bearish.
In a weekly chart, we can see the last candle (Doji) which tells the price will go down.
In a daily chart, we can see the double bottom formation which may get completed if the price breaks the resistance.
Mostly I think it will go short. (short is the main trend ), - Target 1685
In a monthly chart, we can see an M formation waiting to reach the neckline then go bearish.
In a weekly chart, we can see the last candle (Doji) which tells the price will go down.
In a daily chart, we can see the double bottom formation which may get completed if the price breaks the resistance.
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