🏅 $GOLD.US is trying to turn the latest sell-off into a recovery.
After the rejection from the previous high, the weekly structure weakened considerably. But the recent reaction from the long-term support zone changes the picture: buyers have stepped back in and the chart is now showing a much stronger recovery attempt.
What stands out is the measured move on the chart, which points to a 7.29% potential continuation from the current area. The real test comes as price approaches the marked resistance; reclaiming that zone would make the recovery considerably more convincing.
⚠️ Not financial advice.
#Bitcoin #Ethereum #Solana #Crypto
After the rejection from the previous high, the weekly structure weakened considerably. But the recent reaction from the long-term support zone changes the picture: buyers have stepped back in and the chart is now showing a much stronger recovery attempt.
What stands out is the measured move on the chart, which points to a 7.29% potential continuation from the current area. The real test comes as price approaches the marked resistance; reclaiming that zone would make the recovery considerably more convincing.
⚠️ Not financial advice.
#Bitcoin #Ethereum #Solana #Crypto