🥇Gold continues its northward rally after yesterday's successful defense of the support zone.
🥇It looks like there is a high probability of reaching the resistance zone of 1.272 of the entire recent downward correction.
🥇The technical environment confirms my scenario. Looking at the fact that we are above the 50 and 200 moving averages, and the MACD and RSI are generating pro-growth signals. I have no doubt about the higher probability of increases.
🥇The scenario I am playing out is a continuation of the increases to the vicinity of the resistance zone. I don't exclude the possibility of changing the scenario 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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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.