✴️ GOLD Daily timeframe. February 9

Gold stops and a slow consolidated pullback. Today there might be a retest of 1890 resistance with a long candle and the price might fall to 1869 (Trade carefully!)

1) The last three daily candlesticks are a consolidation format. Slow movement and long shadows pointing up
2) Market maker is gaining liquidity at the expense of buyers
3) The strong zone of 1890 and 1900, from which a volume burst and downfall are most likely to be expected
4) Gold is in the correction phase, the market is neutral and therefore it is possible to trade both buy and sell.
5) In the global outlook bullish trend remains dominant.