Its currently breaking a resistanve. i would personally like to see atleast a retest to the new made support and push further up to that last resistance to form a double top and fall down to break out of the overall structure which is a continuation pattern on the Daily time frame.
- Is Gold trying to sell this week? We saw Gold fall drastically from the 8th of January to the 11th of January when it hit that 1827.500 zone and started forming what might seem like a rising wedge (or whatever you want to call it. It went on for some time and broke out on the 2nd of February, the move led to the breaking of that 1827.500 level. We saw it push...
This morning we finally convincingly broke that 48000 level and came back for a retest of that zone. Now its stalling at the 49000 level, ,if we break that,,,,we all know where we are going,,,,,,it will be be ready to be part of the milestone this week. The crazy thing about Bitcoin is that this can literally happen overnight,,,,its absolutely craaaazy…… shoutout...
