InvestMate

InvestMate|Gold Attention falls!🥇

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
🥇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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