Gold Is still respecting its bearish momentum as. There are no signs of divergence on 1 hour and 4 hourly chart. I can see a bearish flag on the 4 hour chart plus a descending channel. And the trend is already bearish. However one LL has just formed on the 4 hour chart that might get the gold vise versa but still we have 3/1 bearish momentum. That means the bears Might stay strong. Lets hope for good. Thanks
My Positions
Instant Entry
Stop Loss : 2043
TP1 : 2022
TP2 : 2012
Chart PatternsHarmonic PatternsTrend Analysis

Penafian