Gold fails to pass through resistance.
Hello friends,
All details are on the chart, however, I will add that we haven't completed a proper 4th wave correction and that we have failed to break through resistance for the past 3 days. If gold can't break this line then gold is going to test support and perhaps make the 5th wave. If this fails then we will be seeing a test of secondary support and perhaps a double bottom.
Trade Safe
Cheers!
All details are on the chart, however, I will add that we haven't completed a proper 4th wave correction and that we have failed to break through resistance for the past 3 days. If gold can't break this line then gold is going to test support and perhaps make the 5th wave. If this fails then we will be seeing a test of secondary support and perhaps a double bottom.
Trade Safe
Cheers!
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