Blotienso
Today is an exciting day in the market, as gold prices have undergone a significant correction.
Although the most talked-about topic currently is not a prolonged correction, the fact that gold has fallen below its previous all-time high is not a good sign.
In fact, it is signaling multiple bearish divergence signals on various timeframes and has negatively impacted silver, platinum, and palladium in just one daily candle.
This is perhaps the phase where many believe that gold prices will rebound, while the same group of people blame Bitcoin for not increasing in value.
This is exactly the turn
Although the most talked-about topic currently is not a prolonged correction, the fact that gold has fallen below its previous all-time high is not a good sign.
In fact, it is signaling multiple bearish divergence signals on various timeframes and has negatively impacted silver, platinum, and palladium in just one daily candle.
This is perhaps the phase where many believe that gold prices will rebound, while the same group of people blame Bitcoin for not increasing in value.
This is exactly the turn
BTC-2,47%
