Update to the previous post on the Gold bearish forecast part 2.
Gold has reacted off a Daily Order Block and respected historical levels of resistance. This is also reflected on the monthly chart as the candles at the resistance are currently shown as wicks.
Therefore there is still an opportunity for Gold to form a long term sell set up.
Please like, share and comment. Be sure to follow the updates of this idea!
DISCLAIMER: All ideas are my own thoughts and opinions and should not be taken as financial advise.
Gold has reacted off a Daily Order Block and respected historical levels of resistance. This is also reflected on the monthly chart as the candles at the resistance are currently shown as wicks.
Therefore there is still an opportunity for Gold to form a long term sell set up.
Please like, share and comment. Be sure to follow the updates of this idea!
DISCLAIMER: All ideas are my own thoughts and opinions and should not be taken as financial advise.