Market was trending in an uptrend for a very long time, now price broke trendline and retest which indicates that the price is about to change its direction. For additional confirmation there's a descending resistance level which was tested many time and price failed to break above so this means GOLD will fall
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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.