✴️ GOLD Daily timeframe. February 3

Gold makes a false-break, a bearish takeover is formed and most likely, the fall can continue up to 1900

1) Gold is still in the 1948-1903 range.
2) There is a false break-down of the resistance of 1948.
3) Yesterday's bar closes at the bottom, but there is still a long way to the level
4) The price has a potential of movement for 70-100 pips
5) If it breaks through 1903, the price can go to 1890

The trend is still bullish, but the price is in consolidation, there were two false-breaks, there is a chance that in the near future the price may give a precondition for a further direction