Following up on my previous post- Gold is showing signs of rejection from a falling wedge pattern.
I'm carefully watching $1800 for high timeframe support- I've identified a key zone of resistance around $2200 that I expect to be tested in 2024
This harmonic should see us setting our major low before February 2024, in the next several months aheads.
IF a major low is set and respected during this timeframe, showing signs of significant buy pressure below $1800, I will act with extreme confidence as price drifts towards the $2200 price magnet.
I'm carefully watching $1800 for high timeframe support- I've identified a key zone of resistance around $2200 that I expect to be tested in 2024
This harmonic should see us setting our major low before February 2024, in the next several months aheads.
IF a major low is set and respected during this timeframe, showing signs of significant buy pressure below $1800, I will act with extreme confidence as price drifts towards the $2200 price magnet.
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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.