Hello fellow trader,
In my previous gold long-term chart (attached below), I pointed out that the trend is likely to follow a parabolic curve (orange).
Since then the price has been printing a fractal movement(colored shapes), which fortifies the previous technical analysis.
As you may see, even the marked volume profile assembles self similarity.
The actual target of the oncoming movement might be a bit lower than the one I projected within the chart.
Trade safe
Nik
In my previous gold long-term chart (attached below), I pointed out that the trend is likely to follow a parabolic curve (orange).
Since then the price has been printing a fractal movement(colored shapes), which fortifies the previous technical analysis.
As you may see, even the marked volume profile assembles self similarity.
The actual target of the oncoming movement might be a bit lower than the one I projected within the chart.
Trade safe
Nik
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