Gold can do a correction before ascending further

18 Ara 2024

As you can see, the price is within a bearish pennant pattern, and if this pattern breaks, the price could drop significantly. Additionally, we have a bearish divergence, which strengthens this signal. In the short term, I think gold is forming an ascending wedge, which, once completed, could lead to substantial growth.

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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

18 Ara 2024

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