$GOLD currently shows a classic three-wave downward pattern, directly targeting the support zone. The bullish scenario remains intact. The current price movement indicates a potential bottom formation – provided that the support holds.
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ZKSherlock
· 16m ago
actually... the three-wave pattern thing assumes perfect market geometry, which tbh is more wishful thinking than cryptographic certainty. what's the trust assumption here? are we just pattern-matching on incomplete data?
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ServantOfSatoshi
· 01-10 05:15
If the bottom breaks the support, we will have to cut losses.
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LiquidationWizard
· 01-08 18:51
If the support level is broken, this rebound might be doomed to fail.
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StablecoinSkeptic
· 01-08 18:38
If the support level is broken, it's game over. Now, it's all about whether the bottom can hold.
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potentially_notable
· 01-08 18:37
The bottom needs to hold steady, or this rebound will be for nothing.
$GOLD currently shows a classic three-wave downward pattern, directly targeting the support zone. The bullish scenario remains intact. The current price movement indicates a potential bottom formation – provided that the support holds.