Gold - Prepare For A Devastating Drop!
Gold (
GOLD) will create a massive correction:
Click chart above to see the detailed analysis👆🏻
Gold rallied more than +70% over the past couple of months, basically without showing any real correction. Therefore it is no surprise that after retesting the channel resistance, Gold is now showing some weakness. It is quite likely that this is just the beginning of a significant drop.
Levels to watch: $2.000
Keep your long term vision,
Philip (BasicTrading)
GOLD) will create a massive correction:Click chart above to see the detailed analysis👆🏻
Gold rallied more than +70% over the past couple of months, basically without showing any real correction. Therefore it is no surprise that after retesting the channel resistance, Gold is now showing some weakness. It is quite likely that this is just the beginning of a significant drop.
Levels to watch: $2.000
Keep your long term vision,
Philip (BasicTrading)
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💰|Stocks, Cryptos, Indices, Metals
💶|Keep your long term vision
👇🏻|Free "Trading Newsletter"
basictrading.net
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