Shorts on GOLD

٢٧ ديسمبر ٢٠٢١

On the daily TF, We have a downward trend. On intraday trading level, we can tell that using the fib levels, price is currently in a correction mode till a zone around 1820.00 to 1825.00 or possibly 1840 before Melting down back to the zone around 1720.00. This will take a couple of weeks to play out.


*On an intraday level, we could be riding a quick buy to 1830.00 which looks , a good resistance on the daily.