🥇Gold Declines Ahead🥇

🥇Gold Declines Ahead🥇

🥇It promises to be an interesting end to the year in front of us.

🥇Looking at gold's behaviour in recent weeks, I have no doubt about the possibility of a downward correction.

🥇Looking at price action we clearly have problems overcoming the resistance zone set around 1820.

🥇The last such attempt ended in a sharp downward slide.

🥇Looking at the technical environment, it will still take some time to generate 100% pro-declining signals but so far, in my opinion, there is nothing to count on for upside.

🥇The scenario that I am playing out is the continuation of declines to the vicinity of the support zone, I do not exclude the possibility of changing the scenario and if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

🥇*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

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