Agold hard to gauge...
Updated
Today the Fed re-stated its conviction to fight inflation.
This makes TA very un-reliable. Given Agold does not have a built product it is close to impossible to accurately gauge interest levels.
Overall my expectation is for price to wiggle within the trading range for a while.
Untill we get more clarity from the federal reserve the standing strategy is to sell every pump and buy lower.
This chart does not contain L2 and L3, the reason being that this currency is purely speculative and could go lower than L1 but there are no pointers to acurately trace how low.
Trade carefully.
This makes TA very un-reliable. Given Agold does not have a built product it is close to impossible to accurately gauge interest levels.
Overall my expectation is for price to wiggle within the trading range for a while.
Untill we get more clarity from the federal reserve the standing strategy is to sell every pump and buy lower.
This chart does not contain L2 and L3, the reason being that this currency is purely speculative and could go lower than L1 but there are no pointers to acurately trace how low.
Trade carefully.
Note
NOT INVESTMENT ADVICEI am not a financial advisor.
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