🥇 GOLD The weakness of the bull market
Metal consolidates under the area of higher liquidity and starts to form momentum
1) The price did not break through the 1863 area on the retest, bull market weakness is forming
2) Price consolidates under resistance
3) The next target is support at 1850 and 1840
4) A bearish momentum is forming. We are waiting for price decline and renewal of lows
From the area of 1865 and 1860 we should expect a decline in the price of gold futures in the direction of a bearish trend
1) The price did not break through the 1863 area on the retest, bull market weakness is forming
2) Price consolidates under resistance
3) The next target is support at 1850 and 1840
4) A bearish momentum is forming. We are waiting for price decline and renewal of lows
From the area of 1865 and 1860 we should expect a decline in the price of gold futures in the direction of a bearish trend
❤️ Telegram channel: t.me/AndeWave
❤️ Telegram channel: t.me/AndeWave
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