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Gold Spot / U.S. Dollar
Short
Nov 17, 2022
InvestMate|Gold Attention falls!🥇
9
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🥇Gold Attention falls!
🥇As I wrote in a previous post on gold about the declines, link below:
🥇There has been a breakout from the distribution I wrote about.
🥇We have also broken out of the uptrend channel.
🥇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.
🥇Please watch this level closely.
🥇The upward correction of the new downtrend may start from it.
🥇The scenario I'm playing out is a decline to the support zone, and waiting for the correction to end.
🥇To look for downside opportunities afterwards.
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Related publications
🥇Gold where will it fall?
by InvestMate
InvestMate|Gold important level before declines🥇
by InvestMate
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