GOLD, long or short?
Updated
Starting with April 8th, we formed a very strong support area between 1938-1941. At the moment, we are in a bearish trend in this area. Large investors say "a downward trend is more likely to continue than change direction". The fight between the bulls and the bears begins. I think the bulls will do their job again.
Comment
The bears seem to be stronger and it looks like the support line will be broken. I will not open a position on this transaction at this time.
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