InvestMate|GOLD Time to make a profit๐Ÿฅ‡

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๐Ÿฅ‡GOLD time to make a profit

๐Ÿฅ‡Post is a continuation of my post on gold in which I announced a correction:
InvestMate|Gold Attention falls!๐Ÿฅ‡


๐Ÿฅ‡This time it is time for an update and in my opinion we will continue the decline.

๐Ÿฅ‡I set the support zone by the 0.382 level of the whole upward wave.

๐Ÿฅ‡I determined the resistance zone based on past price reactions.

๐Ÿฅ‡There are 2 scenarios that can play out in this case.

๐Ÿฅ‡1. Continuation of the decline to the support zone

๐Ÿฅ‡2. Waiting for a retest of the resistance zone and joining the declines to the support zone at this point

๐Ÿฅ‡*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases.

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InvestMate|GOLD, Will continue the trend๐Ÿฅ‡
Chart PatternscomoditiesdollarFundamental AnalysisGoldshortTrend Analysisxuausd

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