Gold Selling Continues As Predicted Last Week
Gold is moving as I predicted in my last chart. Please see the image below:
https://www.tradingview.com/chart/XAUUSD/3lsh3pI2-Gold-4H-Gann-Box-Levels/
Here are some Fib retracements in 1H chart. Overall the technical trend is downward in Gold, however it will do some upward action for short period, especially from 1800-1802 levels to 1827-1830. A long position can be open at that level, with SL at 1793. Breaking 1790 is key for further downward momentum.
Please like and comment if you like the idea.
https://www.tradingview.com/chart/XAUUSD/3lsh3pI2-Gold-4H-Gann-Box-Levels/
Here are some Fib retracements in 1H chart. Overall the technical trend is downward in Gold, however it will do some upward action for short period, especially from 1800-1802 levels to 1827-1830. A long position can be open at that level, with SL at 1793. Breaking 1790 is key for further downward momentum.
Please like and comment if you like the idea.
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