As we can see, gold remains in a positive trend on both the daily and weekly charts. However, we're starting to observe emerging negative signals — both technically and politically. This presents what I believe is a good buying opportunity in the short term, followed by a potentially very strong selling opportunity once the upside momentum fades
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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.