GOLD has rejected sharply off the 0.618 Fibonacci retracement and looks to be on the next leg down. If in a zig-zag ABC correction then price may bottom in the $1500 area towards the end of year. If price has completed a wave 2 however then price could see $1000 again perhaps around end of 2023.
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0.618 fractal on LTF also. Two 0.618 rejections on HTF and LTF and this now looks like a great short setup here also down to $1500 area. Will cover more down the road.
Your FA guru can't read a chart💭
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.