GOLD: when will the bull replace the bear?

Gold continues to fall, although it has encountered small local zones and support levels on its way. In general, this drop fits into the general pattern of the chart, which consists of strong two-stage collapses that can be observed from August 2020. Now we can expect that gold will continue falling to the level of 1732.9. After that, it will finally start a new growth and return to 1815.8.

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