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Gold Spot / U.S. Dollar
Short
Updated

GOLD: One More Leg Down?

snapshot

gold currently is consolidation in a narrow trading range.
most of the traders are waiting for a breakout to identify the market future direction.

I am aiming at bearish breakout of a minor structure support to sell the market
anticipating bearish continuation to 1417/1407 levels
Trade closed: target reached
T1 reached
Note
market consolidates around support
Note
We will see the second attempt of breaking below the support
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Chart PatternsCommoditiesdollarForexfuturesGoldMetalsoptionsTechnical AnalysistradingTrend AnalysisWave Analysis
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