Gold created a big bearish engulfing on the Daily TF. The current monthly candle has a decent amount of bullish exhaustion( Big wick to the upside). On the 6HR TF, Gold is beginning to create a downtrend which will begin the retracement phase for the Daily TF.
Hopefully I can find out if there are any fundamental reasons for my analysis.
Hopefully I can find out if there are any fundamental reasons for my analysis.