Last week Gold opened and closed above the 5 year downtrend for the first time. This week we've had a nice bounce off this trend. Once the moving averages close the week above this trend, we should have a clear indication.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.