GOLD market structure analysis

١٦ يونيو ٢٠٢٣

The previous supply zone failed to hold price on 1H time frame. And if the second zone at 1963.11 on the 1H time frame is respected, we can wait for confirmations on lower times frames and maybe look for a market structure shift.

Note: This could be a short term downtrend.

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ملاحظة

The zone was finally respected

١٦ يونيو ٢٠٢٣

ملاحظة

Gold is now on a bearish move!

١٨ يونيو ٢٠٢٣

ملاحظة

I may drop to 1937.72