Weakening of the bullish trend
The gold market has been on an uptrend since December, and has reached the boundary of the monthly descending channel .now we are beginning to see weakness in the implusive move of the trend, signifying a weakness in the trend, a consolidation and a possible reversal. My opinion wait for the London open to confirm candle stick reversal pattern before entering a trade. Pls note that the general trend is still an uptrend
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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.