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#GateSquareAIReviewer I’ve been a bit inactive on the channel lately — now getting back into work mode.
On gold, the yearly chart is forming a strong pin bar (if you’re not familiar with pin bar strategies, I recommend checking the tutorial video on the channel). The monthly candle is showing a potential sell signal, although the month hasn’t closed yet. On the weekly timeframe, there was also a sell signal, and gold has already dropped by more than 20%.
There were also multiple signals from the MP indicator, so well done if you were tracking it yourself.
Liquidity is not really rotating right now, and it’s not guaranteed that it will flow into “internet tokens,” since there is a complete lack of global stability and clarity about what comes next. Because of this, investors are not rushing to move profits from gold into so-called digital gold like Bitcoin.
For now, the focus is on intraday trading and trying to capture swing opportunities. $BTC