After exiting the trading range, we will probably rise to the extent of the trading range, and the dollar index will probably reach 119, and then we will have a correction.
So there is a possibility that gold will enter the price channel of $1,500.
In continuation of the previous analysis I had about the fall of gold, we are now in a situation where the support has been broken and yesterday we made a pullback, and now there is a possibility that we will continue to fall to the specified levels.
Using weekly and daily timeframes as well as Fibonacci, I identified important levels.
We are likely to fall at the intersection of the downtrend line and the specified resistance.
Since Alts/Btc Pairs are at risk IMO, I'm trying to find more and more USDT pairs. Among those, #TRB looking Bullish. If btc stays Above 48k, it'll just matter of time when Trb will hit 75$.