Hi traders:
Similar like my analysis on Silver, Gold is also shaping up to have the bearish continuation price action.
We see the HTF price action is beginning to show us the reversal movement as structures continue to develop.
We first see the bearish push down follow by the larger correction. Followed by another bearish push down, and once again, develop a larger continuation correction.
Latest price action shows us a LTF quick impulse down, currently at the bottom of the HTF structure.
We see the LTF correction is in the making, very good sign for that continuation to happen once correction finishes.
Look for further downside opportunities once we see the structure completes.
thank you
Similar like my analysis on Silver, Gold is also shaping up to have the bearish continuation price action.
We see the HTF price action is beginning to show us the reversal movement as structures continue to develop.
We first see the bearish push down follow by the larger correction. Followed by another bearish push down, and once again, develop a larger continuation correction.
Latest price action shows us a LTF quick impulse down, currently at the bottom of the HTF structure.
We see the LTF correction is in the making, very good sign for that continuation to happen once correction finishes.
Look for further downside opportunities once we see the structure completes.
thank you
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