Gold Price Prediction 2022
Hi Folks,
Gold has been consolidating since August,2020. This huge wedge is forming to an end and it's about time to choose a direction. We are very likely to witness a big downtrend in 2022.
As you can see on the daily timeframe chart, 1822 might be a good price to enter a sell order, price will be falling to 1550 level.
As for risk management, I won't give too much details about that.
Good Luck!
JS
Gold has been consolidating since August,2020. This huge wedge is forming to an end and it's about time to choose a direction. We are very likely to witness a big downtrend in 2022.
As you can see on the daily timeframe chart, 1822 might be a good price to enter a sell order, price will be falling to 1550 level.
As for risk management, I won't give too much details about that.
Good Luck!
JS
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