🥇Gold The End Of A Correction?🥇

🥇Gold The End Of A Correction?

🥇Is this the end of a minor upward correction on gold?

🥇It looks like it.

🥇As I wrote previously, I expect the declines to continue in the coming days.

🥇The technical environment still confirms my perspective. Looking at MACD, RSI generating pro-declining signals

🥇It looks like unless there will be a sharp breakout of new highs the pro downside outlook is currently more likely.

🥇The scenario I am playing out is a continuation of declines to the vicinity of the support zone marked on the chart. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

🥇*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

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