Gold Bearish Sentiment till Mid January - $2450??
Gold price is in zigzag correction and this analysis is on weekly chart.
More upside move ahead after the completion of this correction.
So looks for short opportunity in smaller time frame and follow this route map.
More upside move ahead after the completion of this correction.
So looks for short opportunity in smaller time frame and follow this route map.
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This is a perfect ending diagonal pattern.
Whenever you see a strong rejection from any of these Fibonacci level, open your long position for all time high because price will recover this drop with double speed.
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Focus on these two zones for tomorrow CPI trade
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