GOLD, ready to resume down trend

Today’s rate decision failed to take gold higher running into resistance right at the 0.786 fib level.

We should be done with the correction at 1484 high.

We have clocked a series of lower highs. Should see bears taking over.
Look for sells at 1478 region.
First target at 1453/4

Trade safe. GL.
Chart PatternsGoldWave AnalysisXAUUSD

Haftungsausschluss