Gold is intent on going down. The bearish pressure does not seem about to let up.
The descending trendline measure the lower lows just got broken on a closing basis signaling the intention to continue down.
However, such bearish move can be suspected to reverse sooner.
The descending trendline measure the lower lows just got broken on a closing basis signaling the intention to continue down.
However, such bearish move can be suspected to reverse sooner.
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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.