Gold short trade setup

[Lalit_matta]

Gold is favored to have ended the cycle up from 8/16/2018 lows where the daily right side is up. The 4 hour is turning down against the 2/24/20 highs at 1689. While below there the metal can continue lower to correct the cycle up from the 8/16/18 lows.

#forextuitions #lalitmatta

[MarkTrader2020]

According to what I read today, gold futures for delivery in April were trading at 1,473.10 US dollars per troy ounce. At the time of writing this report they are falling by 0.32%.