GOLD Correction Downwards

#trading_idea #Gold 💡

👑#Gold- Correction Downwards

On the 4h chart, the price is testing 2634 support. There is descending triangle pattern. The Parabolic SAR and CCC both points to a possible move down. The B&B indicates bearish sentiment at the moment. RSI i under 50 line.

🔼If the price rebounds from 2634, the further retest of 2670 is possible.

🔽Otherwise, a slide to 2614 support and lower could be expected.


🔴 Click "👍" if you think the price will rise and "👎" if you think it will fall.


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