The bearish trend has respected the trend line and maintained downward pressure on gold price. The price tends to go lower in the cycle of the afternoon Perth AUS time each day of trade so it’s a patience game to allow it to play out.
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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.