Hey trader
On my previous idea on OLD,, i shared the forecast on how GOLD was likely to behave. Well, my forecast was uiet correct, and it is going according to my forecast.
On this idea, i am sharing how GOLD is more likely to move now that it has given us our High of the day.
My Analysis:
Gold has given us a full correction of the previous structure as you can see that in entered the zone (Latest High) and fell, and currently (as depicted) I am anticipating a small correction landing into the FIONACCI ZONE (SELLZONE) where the rejection will occur and the market is gonna fall as depicted.
Please, follow the drawings.
I thank you.
On my previous idea on OLD,, i shared the forecast on how GOLD was likely to behave. Well, my forecast was uiet correct, and it is going according to my forecast.
On this idea, i am sharing how GOLD is more likely to move now that it has given us our High of the day.
My Analysis:
Gold has given us a full correction of the previous structure as you can see that in entered the zone (Latest High) and fell, and currently (as depicted) I am anticipating a small correction landing into the FIONACCI ZONE (SELLZONE) where the rejection will occur and the market is gonna fall as depicted.
Please, follow the drawings.
I thank you.