LETS GOLD SKY DIVING

٣ يوليو ٢٠٢٢

Here is gold on the Daily Tf. The structure on this TF is clearly Bearish as you can see Price action is maintaining lower highs (indicated by the red zones). Also we have price action in a sell zone (indicated by the white trend line) which price has rejected from multiple times. Now that price has closed below my weekly bullish trend line (Blue) I will be looking for a retest of that area around $1822-$1825 and then proceed to ride gold down to my next weekly zone of indecision to about $1750. I hope this idea is helpful to the masses. I will answer any questions if you have any, so don't be shy! closed mouths don't get fed... Enjoy the holiday and I will be back to do a follow up whether the analysis is accurate or not... peeeaaaace