Hi there,
We are having very nice price action at the top for longer term reversal on Gold back to the average Gold pride.
Watch price action for breakdown and look for sell on breakdown and if price dont breakdown then watch recent top for sell.
If Gold keeps pushing higher and test the previous high then it will change the pattern but we will remain bearish on Gold from previous high and will watch price action for sell.
Good Luck
We are having very nice price action at the top for longer term reversal on Gold back to the average Gold pride.
Watch price action for breakdown and look for sell on breakdown and if price dont breakdown then watch recent top for sell.
If Gold keeps pushing higher and test the previous high then it will change the pattern but we will remain bearish on Gold from previous high and will watch price action for sell.
Good Luck
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This is weekly chart and the WAVE we are looking for.
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Updates....
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This is the Recent updated chart.
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As said in the original post if dont breakdown and keeps pushing higher then watch this pattern formation for sell at top.
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Gold broken down now waiting for the Trade Deal positive Outcome.
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