Fundamental: On the last analysis we can see that the market failed to break the Resistance Level. Instead of the break, the market started a big move to the downside. This happened because we had news about Corona vaccine. This is bad for the Gold Price because people are investing their money in Gold in crisis. A vaccine for corona are good news. Therefore this is bad for the Gold price
Chart Analysis: We can see that the market created a new Supply Area and that the market started again to move up higher from the strong level of Support. From the structure level we can expect both direction. Long and short.
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