Gold can continue its descent
Since Wednesday last week, Gold is consolidating in a range. This rectangle most often means continuation and in such an instance, XauUsd can make a new low and visit 1720 support.
As I said on Friday, the trend for the yellow metal is down and it will remain so as long as the price is under 1760.
Traders should look to sell rallies
As I said on Friday, the trend for the yellow metal is down and it will remain so as long as the price is under 1760.
Traders should look to sell rallies
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