By gold
A correctional structure in the form of a triangle is clearly visible here.
At the moment, I think that the triangle is not completed and the formation of the correction will continue. The triangle has a fairly wide price range, which allows trading.
After a slight upward correction, I expect a continued decline to the level of 1720usd/oz
As the price moves, the targets may change based on the structure.
A correctional structure in the form of a triangle is clearly visible here.
At the moment, I think that the triangle is not completed and the formation of the correction will continue. The triangle has a fairly wide price range, which allows trading.
After a slight upward correction, I expect a continued decline to the level of 1720usd/oz
As the price moves, the targets may change based on the structure.
