#GOLD #XAUUSD Update:High Probability Zone To Watch For Reversal

Traders, gold has violated the previous zone and is over stretched. It is trying to reach a level where it can reversal (at least for the mid term). As most traders are long, this can reverse any time to create a huge bull trap. So I am watching all the potential reversal zones. None of the other technical reason have changed at all.

1. Monthly W patterns
2. Weekly W pattern
3. Daily RSI Divergence
4. 4H W pattern.

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P.S. (This is for education only. Not a financial advice or signal.)