Gold has formed a harmonic pattern, I think it can move downwards, of course, if the peace between Russia and Ukraine is confirmed, gold will fall due to the signs on the chart such as negative divergence and the formation of a harmonic pattern and the creation of wave 5. With these signs and the peace between Russia and Ukraine, gold has the potential to fall.
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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.