$GLD showing strong technical setup right now. After that 1.337 Fibonacci level acted as a bull trap, we're seeing quite the gap down movement. The key to watch: if price fails to hold the 0.786 Fibonacci support, that's when we'd get confirmation of a real reversal. Tight risk management needed here—this level is critical for the next move.
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NotFinancialAdviser
· 5h ago
0.786 is about to break again, I really have to cut my losses this time.
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StillBuyingTheDip
· 5h ago
0.786 breaking or not is the key, and are the current orders in your hand still good?
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MetaverseLandlord
· 5h ago
0.786 This key level needs to be broken to confirm a reversal; it's still in the testing phase.
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MetaReckt
· 5h ago
If you can't hold the 0.786 level, you really should cut your losses.
$GLD showing strong technical setup right now. After that 1.337 Fibonacci level acted as a bull trap, we're seeing quite the gap down movement. The key to watch: if price fails to hold the 0.786 Fibonacci support, that's when we'd get confirmation of a real reversal. Tight risk management needed here—this level is critical for the next move.