✴️ GOLD Daily timeframe. February 3
Gold makes a false-break, a bearish takeover is formed and most likely, the fall can continue up to 1900
1) Gold is still in the 1948-1903 range.
2) There is a false break-down of the resistance of 1948.
3) Yesterday's bar closes at the bottom, but there is still a long way to the level
4) The price has a potential of movement for 70-100 pips
5) If it breaks through 1903, the price can go to 1890
The trend is still bullish, but the price is in consolidation, there were two false-breaks, there is a chance that in the near future the price may give a precondition for a further direction
1) Gold is still in the 1948-1903 range.
2) There is a false break-down of the resistance of 1948.
3) Yesterday's bar closes at the bottom, but there is still a long way to the level
4) The price has a potential of movement for 70-100 pips
5) If it breaks through 1903, the price can go to 1890
The trend is still bullish, but the price is in consolidation, there were two false-breaks, there is a chance that in the near future the price may give a precondition for a further direction
❤️ Telegram channel: t.me/AndeWave
❤️ Telegram channel: t.me/AndeWave
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