InvestMate|Gold Attention falls!đŸ„‡

đŸ„‡Gold Attention falls!

đŸ„‡As I wrote in a previous post on gold about the declines, link below:
đŸ„‡Gold where will it fall?


đŸ„‡There has been a breakout from the distribution I wrote about.

đŸ„‡We have also broken out of the uptrend channel.

đŸ„‡The nearest strong support zone is the 0.236 cluster of the entire upward wave and the outer 127.2 of the last upward impulse.

đŸ„‡Please watch this level closely.

đŸ„‡The upward correction of the new downtrend may start from it.

đŸ„‡The scenario I'm playing out is a decline to the support zone, and waiting for the correction to end.

đŸ„‡To look for downside opportunities afterwards.

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Snapshot

Chart PatternscomoditiesGoldshortTrend AnalysisXAUUSD

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