InvestMate

πŸ₯‡ Gold, Time for Declines πŸ₯‡

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
πŸ₯‡ Gold, Time for Declines

πŸ₯‡ Nearest strong support zone: around the fibo 0.5 level of the upward wave.

πŸ₯‡ Nearest strong resistance zone: around recent highs.

πŸ₯‡ Technical environment:

πŸ“Š Moving averages: Uptrend

πŸ“Š MACD: Uptrend

πŸ“Š RSI: Downtrend

πŸ“‰ The scenario I'm playing out is the start of declines. I do not exclude changing the scenario in case of a sudden change in the market situation. I am aware of the possibility of a correction at any time, this should be taken into account, In the event of a change in perspective I will publish a post with the current.

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