going down slightly for a small correction

Gold recovered near 0.5 fib from June high, besides of daily chart, all lower charts RSI now are near oversold. I expect the price to start falling slightly for a simple correction before another rally.

The SL is slightly above daily MA, and TP target at near 1805.

Kommentar:

I meant overbought :D srry and thx for pointing out

Kommentar:

TP. It's Friday, It may go down further, but let's play safe. GL