Hey guys, I hope you're all doing well. As you can see for gold, I think we must expect the gold downtrend to last for a much longer time. In my opinion, gold will fall (step by step) until the 1810 area, and after that, it will fall until 1700. Then, if the price breaks the major support and retests successfully, according to the Triple Top pattern, it must fall down more and more.
Just as a precaution, this is a (Long-Term) Gold idea, according to what I can see on the chart. Also, there are a lot of factors that can change the game.
May you all be PROFITABLE,
Just as a precaution, this is a (Long-Term) Gold idea, according to what I can see on the chart. Also, there are a lot of factors that can change the game.
May you all be PROFITABLE,
Comment:
Nice respect in the downtrend parallel channel.