After CPI report released 2 days ago, we saw a crazy bearish move on gold and apparently selling pressure seems to be dieing down by the minute as we speak now.we are presently at a strong support zone of which past record shows bullish move occured repeatedly around this zone. hence we are yet again well suited for another pump on gold.
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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.