The fall of gold came to a halt after hitting the support at 1755 notwithstanding the formation of a Pennant pattern that forecasts continuation of the trend.
Now we can see a beautiful formation of a double top.
It’s most likely that gold will keep straying within the 1755-1830 range for some time.
But soon it will go down to the lower boundary of the channel.
This content is for informational purposes only and is not intended to be investing advice.