The movement began last week, is symptomatic of the mood operated, therefore our expectations are for a further weakening of the gold. Our attention levels (target) are clearly posted in the chart above, while the published chart below, highlights a possible pullback up area in 1192/1197, from these levels our expectations are for a further downward leg.
PULLBACK AREA
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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.