Gold now shows clearer negativity than ever towards the possibility of decline
Therefore, it is likely that gold will flop towards the initial 2214 levels, then we will monitor the closings on the four-hour candles for the American markets, as well as the confirmation signal of the daily closing below 2212, so that gold will be officially negative towards 2170 at least.
Before the decline, gold will take the possibility of rising to the final peak, emptying the selling quantities, and then falling towards the targets specified above.
Therefore, it is likely that gold will flop towards the initial 2214 levels, then we will monitor the closings on the four-hour candles for the American markets, as well as the confirmation signal of the daily closing below 2212, so that gold will be officially negative towards 2170 at least.
Before the decline, gold will take the possibility of rising to the final peak, emptying the selling quantities, and then falling towards the targets specified above.