Yes, we may have a pullback but with the weekly and daily MA's now supporting the move, the chances of a larger move down is now remote. Gold looks far more interesting as a trending play to the downside and looks like it will break balance today.
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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.