For the 3 consequent days, Gold was falling. The market already lost more than 3.5% from a current high.
The price reached a daily demand zone on Friday. Analyzing a reaction of the price to that on intraday time frames I spotted multiple rejection and a bullish breakout of a falling wedge pattern on 1H time frame.
I believe that it's time for a pullback.
Intraday goals: 1799 1805
Have a great weekend!!!
❤️Please, support this idea with like and comment!❤️
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.