From the prev upload we saw gold price rise to attempt the high high at 2429.867, failing to do so confirmed the sell, forming a double top at it, we hit our first shorts target at 2324.173 and 2300( prev week low(8-12/04)). a break below 2300, will confirm further sell to 2242.650 ( Mar high) where we might start seeing some retracements.
Kommentera:
If clear breakout happens @ 2325.305, wait for a clear candle close above that price to maybe start going LONG back to the 2400.00 region. Otherwise price should play around the NFZ (between 2324.305 and 2324.173) forming a bearish pennant/ or flag pattern breaking below that 2324.173 level and continue the sell till 2242.650...