update

2023년 2월 12일

According to the weekly chart of the price of gold in region B and a part of region A, which has formed a relatively descending channel with a very low slope, after the third collision with the ceiling of the channel, it has shown its tendency to fall towards the lower regions. By referring to the daily chart, we can see the breaking of its upward support line, which will be a confirmation of the price drop from the channel ceiling to its 61% fibo range. Considering the downward trend ahead, each trader should open his positions according to his personal strategy in the direction of decline and taking into account his capital and volume of transactions. Wishing success to all traders.