Well, Last week was a bit confusing, especially on gold. It was one among the manipulative weeks this month. no clear structure was made but on the Higher timeframe 4h-D we still see a bearish possibility as the outcome, We ranged couple days lastweek an expansion to the downside is much more probable this week. think about it what are the chances do we have for gold making highs this month. unless we get a high impact new to support this narrative i still stand on the bearish side atleast this whole week until price proves otherwise.
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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.