Hello my dear friends,
GOLD had been in long bullish trend that would correct very soon.
On higher time frames (monthly) the prices already in front of resistance level and we would likely see a correction to accumulating for any further uptrend:
So wait for prices to close below the support level and we would sell the market and target lower levels.
Of course as an alternative scenario that prices would consolidate and penetrate the resistance level, only then, I'll update this idea:
Good luck and to be updated...
GOLD had been in long bullish trend that would correct very soon.
On higher time frames (monthly) the prices already in front of resistance level and we would likely see a correction to accumulating for any further uptrend:
So wait for prices to close below the support level and we would sell the market and target lower levels.
Of course as an alternative scenario that prices would consolidate and penetrate the resistance level, only then, I'll update this idea:
Good luck and to be updated...