MY EXPECTATION FOR GOLD
Price has formed a double top pattern in the 15 minute timeframe after creating a change of character.
A reversal can be expected as it has also created a bearish engulfing candle in the resistance zone.
We could potentially see price reverse to the 15 minute swing low of 1955 and possible a second target of 1953.5 which is the neckline support zone.
A reversal can be expected as it has also created a bearish engulfing candle in the resistance zone.
We could potentially see price reverse to the 15 minute swing low of 1955 and possible a second target of 1953.5 which is the neckline support zone.
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