gold update 3/2/2

Gold has been moving in a range box today, forming a high and hl with equal Lows

Its very important where daily candle closed today and its closed in a neutral state, shown as orange box on charts

Price would need to break on either side to determine a sell or buy.

According to market structure price could still move lower, correct itself and move up.

A downtrend would only be confirmed if both upward trendlines are broken

Trade closed: target reached:

Lower zone touched as per analysis.