Gold Spot / U.S. Dollar
Short

GOLD correction complete, enter at the next structure breakout

1 512
Hi everyone:

I have been patiently waiting for the correction to complete on GOLD for the next down move.

We see the sharp down move from the top, and a deeper correctional structure developed.

Latest price action saw the bearish down move, broke out of the structure.

As always, waiting for the next lower time frame continuation structure to enter is the valid sell.

Look to see the price gets pushed down to the previous lows.

Thank you

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.