🥇 GOLD getting ready to continue falling
Gold continues to fall, now the price is trying to hold on to the support zone, but in the near term this level could be broken
1) A strong and dense fall.
2) The nearest retest of the 1805 area.
3) The potential in the market is bearish and the local chart does not show the strength of the buyers
4) Breakout of the 1805 area will clear the way for a decline
5) Volatility is declining, which is the first sign of a breakout formation
We focus on the level of 1805. If the price breaks through it, we can open a short order or wait for the price consolidation below the level of 1805.
1) A strong and dense fall.
2) The nearest retest of the 1805 area.
3) The potential in the market is bearish and the local chart does not show the strength of the buyers
4) Breakout of the 1805 area will clear the way for a decline
5) Volatility is declining, which is the first sign of a breakout formation
We focus on the level of 1805. If the price breaks through it, we can open a short order or wait for the price consolidation below the level of 1805.
❤️ Telegram channel: t.me/AndeWave
❤️ Telegram channel: t.me/AndeWave
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