Gold Price Action Proving Technical Analysis Never Lies
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If you are surprised about this gold smash - just look at this weekly chart. There is now a (slight diagonal) triple top that was created last night. Lets also remember, a year-end and quarterly close above $2000 is not good for banks. THE FIGHT IS ON. #PreciousMetals #gold #silver
Note: There is a gap on the 4-hour chart in the $1835 range. This may still come into play if things spill hard here. I'm not calling for that - but it needs to be considered until a sustained break above $2150.
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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.