Gold Targets 1950. Selling Pressure Will Come Soon

٢٥ أبريل ٢٠٢٣

Market appears to be getting ready for a nice move to the downside for about 500 pips. Monthly has not made much gains over the last several weeks. Weekly structure created a double top and last week ended bearish. Daily is retesting previous support now turned resistance. If this daily candle today ends bearish, then I believe we could see a nice drop in gold.