Gold Down!

19 mag 2021

As we reached all my uptrend targets on gold in my last ideas, (you can check it) now it's time for some correction.. I don't see gold breaks 1900 this time (maybe later) , there is a strong resistance line at 1895$ which is at the same time level 0.618 at Fibonacci. it's time for some short trades to visit the areas 1845 1850, which is there gold has to make a great decision, or to go back with the uptrend channel and keep rising, or break the channel and continue to fall more and more.

good luck.