GOLD 23.10. Daily timeframe
Hello! Let's look at the daily chart
Prerequisites for the continuation of the fall:
1) Correction after false breakdown
2) Consolidation and price pushing up to the level of 1729.5
3) The key zone of order accumulation near the density of volumes 1707
4) New candlestick updates the low after yesterday's bullish close
5) The price is in a range, the movement is directed from resistance to support (potential - close target)
6) No deep bullish pullbacks. Price is aiming for a retest of support of the local low of 21.11.2022
Prerequisites for the continuation of the fall:
1) Correction after false breakdown
2) Consolidation and price pushing up to the level of 1729.5
3) The key zone of order accumulation near the density of volumes 1707
4) New candlestick updates the low after yesterday's bullish close
5) The price is in a range, the movement is directed from resistance to support (potential - close target)
6) No deep bullish pullbacks. Price is aiming for a retest of support of the local low of 21.11.2022
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