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- MC:$3.71KHolders:20.05%
- MC:$3.75KHolders:30.59%
- MC:$4.04KHolders:32.43%
- MC:$3.7KHolders:10.96%
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#Gold
- The rise to $4264 was aimed at testing the 0.382 Fibonacci level from the body of the monthly WICK candle.
- Gold's rise in the current region so far is considered a corrective move before a drop and collapse to the mentioned levels. 👇
- The first target for the drop is the $3819 level.
- The second target for the drop is the $3437 level, then the $3268 level.
- The drop scenario fails if a weekly candle closes above the top > $4381
- Note $BTC 👇
Gold’s drop to the mentioned levels is considered favorable for Bitcoin and the entire cryptocurrency market, provided there is no rise in the dollar index.
#XAU $XAUUSD