* Finally, gold breaks the support level at 1945. Does this automatically mean that we're bearish?
* Well, the current momentum is bearish, so we'll take that into account.. Since price broke below this support level, we'll see if we get a retest.
* A retest, rejection and downside continuation will prove that we're now in a downtrend..
Note
Note
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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.