Gold has been trending bearish for some time, and to keep up with price momentum changes for highs and lows, we changed to Heikin Ashi to follow the trend.
With the GannFan support line, the nearest price line is 1605.223. There is a possibility for it to drop even further to 1540.390 for a maximum of 1422.247.
Nothing else but to watch and follow it over technicals.
With the GannFan support line, the nearest price line is 1605.223. There is a possibility for it to drop even further to 1540.390 for a maximum of 1422.247.
Nothing else but to watch and follow it over technicals.