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Gold - The most obvious top!

6 552
🪙Gold (GOLD) will reverse soon:
syot kilat

🔎Analysis summary:
After we witnessed a major breakout back in 2024, Gold has been rallying about +120% ever since. However, Gold is now approaching a monster resistance trendline of the long term rising channel. It is really just a matter of time until Gold will create its official top.

📝Levels to watch:
$4,500

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Dagangan aktif
🪙Gold (GOLD) perfectly plays out:
syot kilat

🔎Analysis summary:
Just a couple of days after publishing the initial analysis, Gold is literally starting to collapse. With a drop of about -5% within a couple of hours, we are now starting to see some real weakness on Gold. And the top formation is being created in the meantime.

📝Levels to watch:
$4,500

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Dagangan ditutup: sasaran tercapai
💰Gold (GOLD) is topping now:
syot kilat

🔎Analysis summary:
Just over the course of the past two weeks, we saw major long positions being liquidated on Gold. Such a harsh rejection is usually the first sign of a bullrun top formation, perfectly matching with market structure. We just have to be very patient here on Gold.

📝Levels to watch:
$4,000

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

Penafian

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