GOLD SHORT TO 1767 (4H UPDATE)ð
Now that TP1's been hit, our focus turns towards TP2, something that we knew could happen as highlighted on the first analysis, but still saw as unlikely. However, now it's looking very possible! In order for this move to playout, we are looking for the followingðð―
1. Consolidation.
2. Breakout (Expansion to Downside).
3. Retest of Expansion Zone.
Price of grey expansion zone will become more clear once breakout happens. Will try to keep you all updated on the move as it happens. If market does a U-Turn we will also update accordingly.
1. Consolidation.
2. Breakout (Expansion to Downside).
3. Retest of Expansion Zone.
Price of grey expansion zone will become more clear once breakout happens. Will try to keep you all updated on the move as it happens. If market does a U-Turn we will also update accordingly.
