It seems to me that we are dealing with the last wave of distribution, which has given rise to a feedback divergence. Levels around 
2100 are very significant. There may be a fake breakout there, suggesting a continuation of the uptrend. It should be remembered that after several years of growth in gold, there should be a distribution and a return to accumulation levels.
2100 are very significant. There may be a fake breakout there, suggesting a continuation of the uptrend. It should be remembered that after several years of growth in gold, there should be a distribution and a return to accumulation levels.
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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.