SHORT
Gold is in a downtrend channel
a reversal to 61.8% fib level is required
a bearish candle stick as well as a double top chart pattern on H1 might be required to confirm downtrend continuation
if all that align, confluence is complete.
No high impact news todays so we are good to go.
happy trading.
a reversal to 61.8% fib level is required
a bearish candle stick as well as a double top chart pattern on H1 might be required to confirm downtrend continuation
if all that align, confluence is complete.
No high impact news todays so we are good to go.
happy trading.
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