Potential Shorts on Gold from 1673-75
Gold is showing Bearish commitment, Price may retrace to 1653.71 - 1655.69 (Potential Liquidity grab at 1658-60).
On Daily TF price closed below 1655.69 confirming TP 1611.88
This is the last week of the Month so M candle is looking to close, anything can happen, But If M Candle closes below 1620 which is current TP we may even see 1540 Maybe
If 1620 holds Gold can retrace to 1670-75 before next leg down to 1578-1534
Happy Trading Guys..
Gold is showing Bearish commitment, Price may retrace to 1653.71 - 1655.69 (Potential Liquidity grab at 1658-60).
On Daily TF price closed below 1655.69 confirming TP 1611.88
This is the last week of the Month so M candle is looking to close, anything can happen, But If M Candle closes below 1620 which is current TP we may even see 1540 Maybe
If 1620 holds Gold can retrace to 1670-75 before next leg down to 1578-1534
Happy Trading Guys..