hello world I am expecting gold to drop further if we go below 1766 but currently 1772 is acting as strong support if we break 1766 next target will be 1750 but if we failed to break 1772 support it will go back to 1792 again. so what I recommend is short below 1792 and long above 1792 after a retest in both cases if you long 1792 stop loss to be 1789 and target will be 1803-1817-1832-1847 if you short below 1792 stop loss will be 1795 and target to be 1772-1750-1709-1628 also you can see it is forming Head & Shoulder pattern. good luck
hello world I am expecting gold to drop further if we go below 1766 but currently 1772 is acting as strong support if we break 1766 next target will be 1750 but if we failed to break 1772 support it will go back to 1792 again. so what I recommend is short below 1792 and long above 1792 after a retest in both cases if you long 1792 stop loss to be 1789 and target will be 1803-1817-1832-1847 if you short below 1792 stop loss will be 1795 and target to be 1772-1750-1709-1628 also you can see it is forming Head & Shoulder pattern. good luck
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