GOLD - Bearish Move Identified

Gold has rejected from our previously identified resistance and now look to push for a lower level. Break of above resistance will void this analysis.

Best approach is to go from level to level rather than aiming for a swing move as sentiments can switch anytime.

For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.

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Disclaimer: This content is for educational purposes only and should not be considered financial advice.

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This might help. Ema 50 nearing a cross with Ma 200 which should open lower level:

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2674 level is key for short or else we are going long:

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GoldTrend AnalysisWave Analysis

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