update on gold
my last take on gold if we get the dollar to buy we can see a drop on gold break of the four hour trend to possibly the 4hr fvg below. now golds been on a uptrend so a break of 2500 and close will be a starting confirmation. we need then to see a retest on the lower time frames of the break of structure to see confirmation on the sale.
this is an updated chart and showit did in fact broken and closed on the four hour trend. an order block was formed and gained at 2500 to see a retractable level to see if it will respect and continue to drop lower. targets to be 2560 and 2448 and finial target of 2441 thats a weekly low.
hopefully i was able to give you guys a more detailed explanation on what I see on gold.
please let me know what you think of my analysis 🙏
this is an updated chart and showit did in fact broken and closed on the four hour trend. an order block was formed and gained at 2500 to see a retractable level to see if it will respect and continue to drop lower. targets to be 2560 and 2448 and finial target of 2441 thats a weekly low.
hopefully i was able to give you guys a more detailed explanation on what I see on gold.
please let me know what you think of my analysis 🙏
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