Gold can't gain the right momentum - Short
It seems like Gold (XAU/USD) can't gain the momentum again so it's just matter of time until we'll see another drop.
Note
Follow upWell, we guess it was obvious, the bulls couldn't lift it up and the funds went to more 'attractive' channels.
What next?
If gold fails to reach above the 1,765 per ounce, the next stop will be around $1,690.
Trade safe!
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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.