Gold is struggling to break above the prior ATH of 1921, and has broken beneath my March Uptrend line - it opened and closed beneath this yellow trend line on Friday.
If we don't get support form the 100 D MA, downward pressure will likely extend to 1843-1855. Let's see how the week goes!
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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.