Hello everyone, here is my breakdown of the current Gold setup.
Market Analysis
On a chart we can see how ETH price decline from ATH to support zone 4330-4220. Ethereum already confirmed a pullback from this zone.
My Scenario & Strategy
My scenario is built on the expectation that Ethereum can make another one test of support zone and then rise to resistance 4550 and if breaks this level can grow higher to resistance zone 4700-4780
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
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