Hello friends, I remember calling the drop in this idea.
Now two things are possible
(1) Since the previous low is broken, it can reverse any moment from now.
(2) It may want to drop to the lower trend line which is also a demand zone before reversing northward.
This consolidation in gold is about to be over, so I expect a reversal soon. Comment below what you think, please give this a like so all traders can get to see it. Trade with profits.
Now two things are possible
(1) Since the previous low is broken, it can reverse any moment from now.
(2) It may want to drop to the lower trend line which is also a demand zone before reversing northward.
This consolidation in gold is about to be over, so I expect a reversal soon. Comment below what you think, please give this a like so all traders can get to see it. Trade with profits.
