GOLD - It Moved Down as Expected But It May Rise Again

GOLD - It Moved Down as Expected But It May Rise Again

In today's video, I shared some other details related to gold.

The base analysis remains the one that I posted two days ago.

You may find more details in the video!
Thank you and Good Luck!

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Previous analysis:

16:52

Comment:

Comment:

GOLD - Price reached 2180 as expected

As I explained in yesterday's analysis, the chances were high that the price would test the top. GOLD has already reached 2180.

Considering we have the FOMC next week, the price may wait in this zone before the next move.
So far the pattern is bearish, but we have seen recently that GOLD is not respecting technical analysis much as it is being manipulated.

We shouldn't be surprised if GOLD makes a new all-time high.
It is bearish so far and may move down again to 2158

On the other hand, GOLD is in a strong manipulated bullish trend. It is not so easy to surf these waves:)

Comment:

🚨GOLD - > 🎯2158 was reached as expected for the small bearish move:)