Gold Intraday Trading Plan 11/12/2024

Gold did drop like hell yesterday without any retracement to higher level. However, it may face a serious support at 2600 which is also 0.382 Fibo level.
I am expecting it drops to 2600 level in Asia session and quickly rise up and form a inverse head and shoulder pattern.
The main scene for today should be retracement
Chart PatternsTechnical IndicatorsTrend Analysis

Penafian