Bearish on Gold
GOLD (US$/OZ) TVC:GOLD
We got a rising channel on gold that has to breakout with a retracement to the downside to tap that fvg in the red box which is my 0.50 golden zone before we get a push back up. So we got a breakout confluence into a fvg which is also in a golden zone. My yellow line is the choc but if it cross the choc with a candle close below it I think it wants to keep going down.
source https://www.tradingview.com/chart/GOLD/T0aSP03h-Bearish-on-Gold/
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