GLD just hit the 11-day moving average on the daily chart.
This is the make-or-break zone. If there's any chance for a bounce, it has to happen right here, right now. Otherwise, we're looking at a breakdown scenario.
Eyes on this level.
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OldLeekNewSickle
· 12-08 21:02
Damn, it's that same price level getting smashed again. I should've gotten out long ago.
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GhostChainLoyalist
· 12-08 21:01
The 11-day moving average is indeed a critical level—it's either going to rebound or break down; there is no third possibility.
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RugPullAlarm
· 12-08 20:48
The position of the 11-day moving average... we need to see if the funds are truly entering or if they're just tricking us with another rebound. On-chain data tells the real story.
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EthSandwichHero
· 12-08 20:46
Just waiting for this moment. If it can't break through this line, it's really over.
GLD just hit the 11-day moving average on the daily chart.
This is the make-or-break zone. If there's any chance for a bounce, it has to happen right here, right now. Otherwise, we're looking at a breakdown scenario.
Eyes on this level.