Hello all,
Possible bearish segment in the future of gold after losing the accumulation zone. Also, as always, we have confirmation of strong short volume.
First target zone could be the Fibonacci entrancement (38.2%) of the previous bullish segment. How second goal could be the Fibonacci 50%. Everything will be depend of the strong of short volume (upper indicator).
Happy Trading
Possible bearish segment in the future of gold after losing the accumulation zone. Also, as always, we have confirmation of strong short volume.
First target zone could be the Fibonacci entrancement (38.2%) of the previous bullish segment. How second goal could be the Fibonacci 50%. Everything will be depend of the strong of short volume (upper indicator).
Happy Trading