InvestMate|GOLD Time to make a profitđŸ„‡

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đŸ„‡GOLD time to make a profit

đŸ„‡Post is a continuation of my post on gold in which I announced a correction:
InvestMate|Gold Attention falls!đŸ„‡


đŸ„‡This time it is time for an update and in my opinion we will continue the decline.

đŸ„‡I set the support zone by the 0.382 level of the whole upward wave.

đŸ„‡I determined the resistance zone based on past price reactions.

đŸ„‡There are 2 scenarios that can play out in this case.

đŸ„‡1. Continuation of the decline to the support zone

đŸ„‡2. Waiting for a retest of the resistance zone and joining the declines to the support zone at this point

đŸ„‡*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases.

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InvestMate|GOLD, Will continue the trendđŸ„‡
Chart PatternscomoditiesdollarFundamental AnalysisGoldshortTrend Analysisxuausd

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