🥇Gold Declines Ahead🥇
🥇It promises to be an interesting end to the year in front of us.
🥇Looking at gold's behaviour in recent weeks, I have no doubt about the possibility of a downward correction.
🥇Looking at price action we clearly have problems overcoming the resistance zone set around 1820.
🥇The last such attempt ended in a sharp downward slide.
🥇Looking at the technical environment, it will still take some time to generate 100% pro-declining signals but so far, in my opinion, there is nothing to count on for upside.
🥇The scenario that I am playing out is the continuation of declines to the vicinity of the support zone, I do not exclude the possibility of changing the scenario and if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🥇*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
🥇It promises to be an interesting end to the year in front of us.
🥇Looking at gold's behaviour in recent weeks, I have no doubt about the possibility of a downward correction.
🥇Looking at price action we clearly have problems overcoming the resistance zone set around 1820.
🥇The last such attempt ended in a sharp downward slide.
🥇Looking at the technical environment, it will still take some time to generate 100% pro-declining signals but so far, in my opinion, there is nothing to count on for upside.
🥇The scenario that I am playing out is the continuation of declines to the vicinity of the support zone, I do not exclude the possibility of changing the scenario and if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🥇*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 www.t.me/Investmatez 💲
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