InvestMate

🥇 Gold, Time for Declines 🥇

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
🥇 Gold, Time for Declines

🥇 Nearest strong support zone: around the fibo 0.5 level of the upward wave.

🥇 Nearest strong resistance zone: around recent highs.

🥇 Technical environment:

📊 Moving averages: Uptrend

📊 MACD: Uptrend

📊 RSI: Downtrend

📉 The scenario I'm playing out is the start of declines. I do not exclude changing the scenario in case of a sudden change in the market situation. I am aware of the possibility of a correction at any time, this should be taken into account, In the event of a change in perspective I will publish a post with the current.

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