InvestMate 🥇 Gold Falling Further? 🥇
🥇 Gold Falling Further?
🥇 Nearest strong support zone: around the fibo level 0.236 of the upward wave.
🥇 Nearest strong resistance zone: around fibo level 0.618 of the downward wave.
🥇 Technical environment:
📊 Moving averages: Downtrend
📊 MACD: Uptrend
📊 RSI: Downtrend
🥇 Price action: gold bounced off a local double bottom exactly as I wrote yesterday:
This time I expect the possibility of a continuation of the initiated declines as gold has a high potential to deepen the currently ongoing downward correction.
📉 The scenario I'm playing out is a continuation of declines. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, 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.
🚀 If you appreciate my work and effort in this post, I encourage you to leave a like and follow on my profile. 🚀
🥇 Nearest strong support zone: around the fibo level 0.236 of the upward wave.
🥇 Nearest strong resistance zone: around fibo level 0.618 of the downward wave.
🥇 Technical environment:
📊 Moving averages: Downtrend
📊 MACD: Uptrend
📊 RSI: Downtrend
🥇 Price action: gold bounced off a local double bottom exactly as I wrote yesterday:
This time I expect the possibility of a continuation of the initiated declines as gold has a high potential to deepen the currently ongoing downward correction.
📉 The scenario I'm playing out is a continuation of declines. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, 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.
🚀 If you appreciate my work and effort in this post, I encourage you to leave a like and follow on my profile. 🚀
Nota
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.