"GOLD (XAUUSD) Bearish Movement From Key Level" di VasilyTrader su FX:XAUUSD

trendanalysis chartpattern waveanalysis gold futures xauusd usdollar forecast technicalanalysis commodities swing

GOLD has reached a key level yesterday.

on 4h we see a clear divergence and dodji + rejection formation,
signifying the current unwillingness of buyers to breakthrough.

on 1h the price has broken below a rising wedge formation and I shorted the market after a minor pullback.

based on that I believe that today the price may retrace to 1710 level - current minor support!

good luck!

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