InvestMate|Gold Attention falls!ðĨ
ðĨGold Attention falls!
ðĨAs I wrote in a previous post on gold about the declines, link below:
ðĨThere has been a breakout from the distribution I wrote about.
ðĨWe have also broken out of the uptrend channel.
ðĨThe nearest strong support zone is the 0.236 cluster of the entire upward wave and the outer 127.2 of the last upward impulse.
ðĨPlease watch this level closely.
ðĨThe upward correction of the new downtrend may start from it.
ðĨThe scenario I'm playing out is a decline to the support zone, and waiting for the correction to end.
ðĨTo look for downside opportunities afterwards.
ðIf you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.ð
ðĨAs I wrote in a previous post on gold about the declines, link below:
ðĨThere has been a breakout from the distribution I wrote about.
ðĨWe have also broken out of the uptrend channel.
ðĨThe nearest strong support zone is the 0.236 cluster of the entire upward wave and the outer 127.2 of the last upward impulse.
ðĨPlease watch this level closely.
ðĨThe upward correction of the new downtrend may start from it.
ðĨThe scenario I'm playing out is a decline to the support zone, and waiting for the correction to end.
ðĨTo look for downside opportunities afterwards.
ðIf you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.ð
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