As I predicted earlier, Gold dropped nicely. The market is currently approaching a solid confluence zone: we see a perfect match between a current daily low and a falling trend line. From the underlined blue zone, I will expect a pullback.
Analyzing the price action on 4H, I spotted a falling wedge pattern. While the price is trading within its boundaries, the market remains bearish. Its bullish breakout will most likely trigger a correctional movement.
I will keep you posted.
Do you want me to record a detailed video for Gold on the weekend?
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