GOLD retraced 0.618 to 1833 as predicted on 25Apr post

11 thg 5, 2022

Gold already reached my first target at 1833, a 0.618 retracement from top. Due to oversold RSI, it may make a relief rally to 1900 before going down again to retest 1800. Holding 1833 or 1800 will let gold go back to retest the double tops.
Worst scenario although less probable: If 1800 does not hold, we may even be seeing 1700 for gold. (All in one big trading range)
Not trading advice