The gold has completed the 3rd bearish wave within a 3-Month consolidation timeframe.
The price has broken away from a bearish trend and turned into a range for the past 2 weeks.
As of current, the price has slowly come down to the middle of the range and the CD leg of an ABCD is about to complete.
Look for buy opportunity as the price reaches the 1-week demand zone of1457 and 1452.
The price has broken away from a bearish trend and turned into a range for the past 2 weeks.
As of current, the price has slowly come down to the middle of the range and the CD leg of an ABCD is about to complete.
Look for buy opportunity as the price reaches the 1-week demand zone of1457 and 1452.