GOLD is testing key support. The price approached from afar and quite sharply. On high volatility the level will be difficult to break through and we should wait for correction
Within the framework of correction gold may test 0.5 - 0.7 Fibo and turn around to continue its fall.
Scenario:
False break of support 3200 - 3203, consolidation above the level and correction to 3222. From 3222 we can consider the continuation of the fall
Within the framework of correction gold may test 0.5 - 0.7 Fibo and turn around to continue its fall.
Scenario:
False break of support 3200 - 3203, consolidation above the level and correction to 3222. From 3222 we can consider the continuation of the fall
Order cancelled
Cancellation. The market turned out to be more aggressive. I was counting on a false breakdown from the market maker to gather liquidity before the continuation of the fall
But gold decided to go down at once. In addition, the price fall was influenced by the growth of SP500.
❤️ Telegram channel: t.me/AndeWave
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
❤️ Telegram channel: t.me/AndeWave
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.