Gold remains in a bearish market making lower lows, it has however started to retrace facilitating buys. Gold is slowly approaching monthly resistance we should see Gold surpassing this level as it makes a significant retracement up.
Note
Gold did not retrace significantly and continued in a downward trend.
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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.