#GOLD H1. Failed attempt to resume the rally.

Over the past 8 hours, buyers have failed to break above the previous high, indicating a lack of buying interest from Institutional participants.

Therefore, I expect the development of sells, a test of a resistance zone and again the continuation of sales.

According to the cyclical analysis the next week will be:
Monday: correction
The rest of the days: selling (European and American sessions).

Trade active