🥇Gold has landed on the edge of a wedge after yesterday's gains.
🥇So far the defense against declines continues.
🥇But at the current moment no move is certain.
🥇The stronger interest will win.
🥇Looking at the technical situation, I am holding off on making any decisions.
🥇If there was a decline it seems to me that the support zone would not hold the price longer.
🥇And if there would be an upward breakout I expect to break through new highs.
🥇The scenario I'm playing is waiting for either side to dominate. 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.🚀
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.