🥇 GOLD The market consolidates at 1929

Gold forms a strong rise to the 1929 zone, after which a Gartley pattern forms on the chart, which indicates the possible beginning of a correction.

1) If the price rebounds below 1929, it has a potential to correct to the 1915 area.
2) The trend is still strong and bullish, but the gold might enter a retracement stage.
3) If you sell, use minimal risk.
4) There is a chance that the price will rise without a pullback. If gold gets a foothold above 1929, growth is assured

The gold trades at the important level of 1929, from which it can rise or fall. This level can provide us with a counter-protection point for setting a stop-loss.