looking for sell positions in the present daily supply zone due to the fact that the price of gold is already high and there are weak hands who cannot afford it and there are few buyers in the market and also the barrier to entry prevents them from coming into the market. then the market will self-correct to issue invitations with each tick of the price down from the recent low level (2864). a pick above 2942 invalidates our sell position and will allow the price to increase in value
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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.