XVG refining the plan

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XVG remain in it's consolidation phase and I'm thinking this could take 2 possible paths.

1 : Testing back the 1.8ct area then bouncing and breaking the consolidation higher.

2 : Going to test the low of the pattern around 1.5ct then bouncing and breaking the consolidation.

When i see the Weekly MACD staying in red my bias would go for option 2, ideally with a long wick down to get ride of SLs under 1.8ct, which in my opinion would be the best scenario.

The long term move stay unchanged and i believe XVG will reach new ATH next year.

Stay patient and don't panic !

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