๐Ÿฅ‡Gold Attention falls!

๐Ÿฅ‡As I wrote in a previous post on gold about the declines, link below:
๐Ÿฅ‡Gold where will it fall?


๐Ÿฅ‡There has been a breakout from the distribution I wrote about.

๐Ÿฅ‡We have also broken out of the uptrend channel.

๐Ÿฅ‡The nearest strong support zone is the 0.236 cluster of the entire upward wave and the outer 127.2 of the last upward impulse.

๐Ÿฅ‡Please watch this level closely.

๐Ÿฅ‡The upward correction of the new downtrend may start from it.

๐Ÿฅ‡The scenario I'm playing out is a decline to the support zone, and waiting for the correction to end.

๐Ÿฅ‡To look for downside opportunities afterwards.

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Chart PatternscomoditiesGoldshortTrend AnalysisXAUUSD

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