Gold is displaying a bearish market structure
The yellow metal seems to have broken out of our
bullish trendline signaling
A bearish change of direction happening in the near future
But price might do a correction before falling any further
And I'm expecting that correction to be a retest on our
trendline
Final conclusion is buy gold for now and sell later
The yellow metal seems to have broken out of our
bullish trendline signaling
A bearish change of direction happening in the near future
But price might do a correction before falling any further
And I'm expecting that correction to be a retest on our
trendline
Final conclusion is buy gold for now and sell later
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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.
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.