GJ is forming descending broadening wedge. Ideally, this pattern is a bullish continuation. JUST ANALYSIS & NOT FOR TRADING RECOMMENDATION!!
A special gift to whoever sees my prediction right now for Indonesia Independence day on 17th August 2021. I am Bearish on Gold due to the Price Action analysis which shows us that price has already on the resistance and should be down until 24-25 August (calculated by financial astrology & time geometry analysis). Thank you. Have a good trade for you.
Gold predicted to move downward with the downside target pice that we already drown on the chart.
Base on Price Action Analysis I believe GOLD will be up with the target price of 1860.00. The Price Action that came up on the chart is the Falling Wedge pattern which has reached the key level of Support as well at 1794.50. And we apply Fibonacci External Retracement 161.8% to measure the target price. Thank you!!