GOLD IS READY TO MAKE A BIGGER CORRECTION

[TradingPuzzles]

GOLD IS READY TO MAKE A BIGGER CORRECTION

Yesterday gold rose to 3778 and created a false bullish rally and fell to 3716.

Today gold rose again to 3761 inside the structure area and created another false bullish rally.

After better-than-expected data from the US, we can see that gold has started a bigger downward correction.

If no one is going to manipulate gold, it should fall further.

If the price keeps falling, the next downside targets are:
$3,727
$3,714
$3,700
$3,685

Gold is showing weakness after false breakouts, and sellers may push it lower toward the listed targets.

You may find more details in the chart!
Thank you and Good Luck!