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Gold- Bullish Momentum Exhausted
Gold Spot / U.S. Dollar
Short
Gold- Bullish Momentum Exhausted
By decentshaw
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Nov 14, 2023
4
Nov 14, 2023
Gold: Price made a double Top at 1948-1947 and rejection inline with my expectation.
The bullish momentum seems to has exhausted.
I am expecting price to continue its downward direction and complete its channel movement cycle. 1930.80 and 1920.80 are my targets in todays session.
Good Luck and do comment on the idea
Chart Patterns
Trend Analysis
decentshaw
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