Bullish Reversal Incoming Retest $1900

20 Okt 2023

Gold has rallied for the last two weeks. We have come back into a major level in price ay $2,000 an ounce. I think we will see some market correction coming int this price with a significant amount of selling pressure. We had our pervious weekly fall from this area and have returned to retest. Had a previous weekly head and shoulders from this area on our last sell off. There was also a gap of around $1100's from $1839-$1850 that we could see Gold coming back to revisit. If I get any significant selling signal from these highs I'll be looking to sell.