Gold (GOLD)

$GOLD W 🟨
Pretty Goldilocks, here. Not bearish but not quite bullish. I've adjusted the Fibonacci levels to span its recent low.

It's up against pretty tough resistance at the 0.500 Fib (where it tried to punch) but is also up against the convergent resistance of the Tenkan and Kijun. A back-test of the 0.382 Fib is necessary.

If there's a cue to close this position would certainly be according to WP Theory the failure to "reclaim" the red box (Resistance Area), either way I don't have anything to do with this trade anymore as I closed 95% my position from $1K between $4.5K-$5.3K

But just wanted to share that if we go there and price fails to break that area again, I'd simply look to park my money somewhere else! Just saying... $GOLD

Just had my biggest prediction market win👀

Sadly it's just on testnet😭

Wen mainnet @AscendPerps ? https://t.co/cxfKlg8P4b