Gold - Down side target or short term

22 Sep 2020

After broken down from the triangle, price has moved violently down to 1882 and came back to retest the lower boundary of triangle


Now i think if the price cannot close above 1920 we should see gold move even lower with price target around 1790-1800 or, in my opinion, even lower to around 1750


Now at 21.00 (Bangkok time)

we just had a successful test of lower boundary of triangle