Hi,
Gold has completed a nice weekly bearish pattern.
I'm expecting a strong PA to the south to validate this setup.
The previous wedge could be pullbacked with the confluence of the 0.786 retracement of CD leg (likely weekly bullish pattern on these levels - see related below)
Bearish view as long as prices are closing below 1380$
Gold has completed a nice weekly bearish pattern.
I'm expecting a strong PA to the south to validate this setup.
The previous wedge could be pullbacked with the confluence of the 0.786 retracement of CD leg (likely weekly bullish pattern on these levels - see related below)
Bearish view as long as prices are closing below 1380$
