Gold Outlook - 29 October 2019

Hi Guys,

Yesterday gold moved down as expected from previous analysis. Looking at D1, we can see that there are still room for downtrend until gold reach 1448 price at the lower trendline.

snapshot

Looking at H4, gold yet to test the support (green line) with target of 1475 today...

snapshot

My bias for today is SHORT, with target 1475...

Chart PatternsTrend Analysis

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