Gold momentum slowing
As mentioned in our previous post, momentum has started to slow down for Gold and this week printed a even smaller body candlestick bar indicating market indecision.
This indecision is likely attributed to the strong momentum prior which is not sustainable which led to the present situation. Look out for any signal to short as we approach the end of Gold seasonality.
This indecision is likely attributed to the strong momentum prior which is not sustainable which led to the present situation. Look out for any signal to short as we approach the end of Gold seasonality.
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