✴️ GOLD Daily timeframe. January 11
Gold, after a strong momentum, moves to a slower pitch and consolidates in a narrow range of 1890-1870.
1) Gold shifts to a lower volatility format (consolidation)
2) The narrow 1890-1870 range can keep the price inside for a long time
3) The trend is bullish and selling is out of the question for the moment
4) We wait for the level of 1890 and the daily candlestick closing, after that some conclusions will be possible.
5) The local liquidity zone 1900 - it may be the nearest important target
1) Gold shifts to a lower volatility format (consolidation)
2) The narrow 1890-1870 range can keep the price inside for a long time
3) The trend is bullish and selling is out of the question for the moment
4) We wait for the level of 1890 and the daily candlestick closing, after that some conclusions will be possible.
5) The local liquidity zone 1900 - it may be the nearest important target
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