Dear traders,
Gold has formed a shooting star in the zone which could instill the selling pressure.
By looking at the daily TF chart we can see a shooting star in the zone. Rejections from 1786 are imminent. If we don’t see a move above 1792 then 1750 and 1736 is on the list. This is a bearish market but it will also depend on the USD strength. I am bearish and have already made a short entry.
The Analysis has been done with the Black Widow system.
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