in this analysis I am going to be speaking about the current state of gold where gold came down to retest the crucial support found at the 1680. price respected that as the new suppport structure and then started inplusing to the up side to act as a correction or a possible delayed reaction to the stimulus checks that were dished out that should weaken the dollar and thus make gold stronger, we have a very strong level of resistance that we are coming close to at 1750. once we break that price i may reconsider my bearish stance and then start looking for valid buys.
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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.