The Gold after the massive drop of yesterday, following our previous forecast... ( links below ) today is trying to recover with a weak retracement, a take a breath. The pattern looks like a Bearish Flag. The RSI is still bearish like the Ichimoku Forecast and the price is under all the major moving averages. We are Looking for a new Bearish Impulse.
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Disclaimer
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.