GOLD bearish continuation

5 dic 2020

Gold retraced to the 1840s area an we might see a consolidation between 1860/1840, if that happens we could trade a possible breakout to the downside. I wouldnt go long near this area since its a strong resistance.

7 dic 2020

Nota

Getting nice rejection from 1840s area, expecting price to reach 1770s. We might still see consolidation in current trading levels, but as long as our previous lower high @1850 is not broken we are bearish.