Price formed a daily double top and broke the ascending phase line. After rejecting the 38.2 fibonacci and daily supply zone, I anticipate gold to continue falling. Targets for downside projection are 1180 and 1122.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.