Price retraced to trendline and rejected same. Canadian dollar also seems to be gaining a bit of strength whilst US dollar has been weakening. US dollar is expected to continue weakening as Trump stated he wants to weaken the dollar.
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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.