The price of gold, which is usually correlated with the dollar, is currently under a negative triple top pattern, and gold can be credited within the rising trend line. I think gold will continue to decline at least to the nearest support level around $1,300 an ounce before making new decisions.
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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.