gold break of structure

٣٠ سبتمبر ٢٠٢٣

a break of structure was achieved as gold broke below the 1865 region. A possible retest on the Fibonacci retracement is possible up to 50 percent or 68 regions with a continued downtrend movement or a pullback into the flag pattern if the Fibonacci retracement is not respected. We wait and trade based on patience and key levels formed.