As I predicted earlier, Gold dropped nicely.
The market is currently approaching a solid confluence zone:
we see a perfect match between a current daily low and a falling trend line.
From the underlined blue zone, I will expect a pullback.
Analyzing the price action on 4H, I spotted a falling wedge pattern.
While the price is trading within its boundaries, the market remains bearish.
Its bullish breakout will most likely trigger a correctional movement.
I will keep you posted.
Do you want me to record a detailed video for Gold on the weekend?
â€ïžIf you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!â€ïž
â
Join My Telegram Channel: t.me/VasilyTrading
âïžYouTube Channel www.youtube.com/c/VasilyTrader
đ°Instagram: www.instagram.com/VasilyTrader/ đ°
â Facebook: www.facebook.com/VasilyTrading/ â
âïžYouTube Channel www.youtube.com/c/VasilyTrader
đ°Instagram: www.instagram.com/VasilyTrader/ đ°
â Facebook: www.facebook.com/VasilyTrading/ â