Gold-Lower Bound
Current Gold short zone 1942-1945. look for confirmation to down side with the break and retest of current trendline. Falling RSI can be seen as another conformation of price decreasing.
Look for pull back to the 1.27 fib level on 30 min time frame. Possible sideways range between 1925-1940 for consolidation as price are far away from higher time frame moving averages.
Short 1942-1945
TP 1927
SL 1956
Look for pull back to the 1.27 fib level on 30 min time frame. Possible sideways range between 1925-1940 for consolidation as price are far away from higher time frame moving averages.
Short 1942-1945
TP 1927
SL 1956
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