GOLD:DOWNTREND | BEARISH CHANNEL , PRICE READY TO DROP MORE 🔔
Updated
The Analysis of Gold remains bearish, the price it's compressed into a pattern range where the dynamic trendline by the bearish channel forms a triangle pattern. The Ichimoku forecast it's short and our bias it's about a breakout of this rectangle and a new drop to the downside.
Comment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.