Gold Trap Continues, Safe way up! Good Luck
I believe huge amount of industrial buying and selling in this middle area, also bot dumping ground and top-up zone. Be careful entering buy positions close to orange area, especially with high margin trading accounts. This zone caught many of us off guard and turned our week upside-down. Especially as the indexes were not responding to gold price, due to various market interventions. A big Fed pump into indexes could stall XAU rising further still med term.
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