Gold-The completion of the first descending wave
There can be many scenarios for gold
One scenario is that the first downtrend has ended in the 240-minute chart and the corrective movement of the price can be in the range of $ 1892, and in continuation the downtrend can be expanded for the range of $ 1645.
On the daily chart, we are expecting the downtrend up to the range of $ 1645.
( Daily Chart )
One scenario is that the first downtrend has ended in the 240-minute chart and the corrective movement of the price can be in the range of $ 1892, and in continuation the downtrend can be expanded for the range of $ 1645.
On the daily chart, we are expecting the downtrend up to the range of $ 1645.
( Daily Chart )
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.