the BTC/Gold chart reveals a cleaner and more structured representation compared to the BTC/USD chart. The BTC/Gold ratio highlights a key retest of a significant support/resistance zone, which aligns with historical trends in this pairing.
This retest solidifies the validity of the level, providing a clearer technical setup for traders. The BTC/Gold chart eliminates much of the noise found in USD-denominated charts, offering a more precise outlook for potential bullish continuation or breakdown.
Profit targets and stop-loss placements should consider key Fibonacci levels and prior swing lows for strategic risk management.
This retest solidifies the validity of the level, providing a clearer technical setup for traders. The BTC/Gold chart eliminates much of the noise found in USD-denominated charts, offering a more precise outlook for potential bullish continuation or breakdown.
Profit targets and stop-loss placements should consider key Fibonacci levels and prior swing lows for strategic risk management.
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clean rejection many didn't see
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