🥇Gold On The Edge🥇

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🥇Gold On The Edge

🥇Gold has landed on the edge of a wedge after yesterday's gains.

🥇So far the defense against declines continues.

🥇But at the current moment no move is certain.

🥇The stronger interest will win.

🥇Looking at the technical situation, I am holding off on making any decisions.

🥇If there was a decline it seems to me that the support zone would not hold the price longer.

🥇And if there would be an upward breakout I expect to break through new highs.

🥇The scenario I'm playing is waiting for either side to dominate. If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

🥇*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀

Penafian

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