$XAUT 2 Months Analysis Report by (Showdown)
As You know that it is a game between Fiat & Gold & I don't think so that people will get this point.
90% Traders would fail to grab this accurate chance of potential bearish breakdown which can last longer than I said.
Volume surge, pattern confirmation, overall macro market index, momentum check on RSI & MACD.
It seems that traders are ready to dump gold again to raise cash stack.
So at the Top, potential bearish breakdown would form form because Gold is also sitting on a big major fundamental event which is going to happen today at 12th August & Impacts will stay about 36 Hours.
Just because it is Gold or safe heaven, So that is the reason I am not expecting a steeper or intense breakdown but surely it is going to happen or most likely. (Maybe more)
Will discuss later about this.
Consider Joining chatrooms to get early & accurate updates.
Place orders and sleep well always.
Bonus Tip: Read the $BTC Post & you will understand the game.
(Staying 3 Hours above $4439 can disturb the setup, which is not going to happen in my opinion)
Happy Trading.
Your Friend:
Showdown_pro
#USJulyCPI&PPIDueThisWeek
#MoneyGramExpandsCashCryptoServiceToSolana
#SenateDelaysCLARITYActVoteToSeptember
As You know that it is a game between Fiat & Gold & I don't think so that people will get this point.
90% Traders would fail to grab this accurate chance of potential bearish breakdown which can last longer than I said.
Volume surge, pattern confirmation, overall macro market index, momentum check on RSI & MACD.
It seems that traders are ready to dump gold again to raise cash stack.
So at the Top, potential bearish breakdown would form form because Gold is also sitting on a big major fundamental event which is going to happen today at 12th August & Impacts will stay about 36 Hours.
Just because it is Gold or safe heaven, So that is the reason I am not expecting a steeper or intense breakdown but surely it is going to happen or most likely. (Maybe more)
Will discuss later about this.
Consider Joining chatrooms to get early & accurate updates.
Place orders and sleep well always.
Bonus Tip: Read the $BTC Post & you will understand the game.
(Staying 3 Hours above $4439 can disturb the setup, which is not going to happen in my opinion)
Happy Trading.
Your Friend:
Showdown_pro
#USJulyCPI&PPIDueThisWeek
#MoneyGramExpandsCashCryptoServiceToSolana
#SenateDelaysCLARITYActVoteToSeptember