Gold appears to be showing signs of a bearish trend following a brief correction.
The price has been growing within a bearish flag pattern, but the support was recently breached.
It is likely that the market will continue in a bearish direction, possibly dropping to the 2600 level.
The price has been growing within a bearish flag pattern, but the support was recently breached.
It is likely that the market will continue in a bearish direction, possibly dropping to the 2600 level.
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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.