Gold moves around the 5-day moving average under pressure. Last Friday, it rebounded strongly to 1921, and finally broke down again, and the weak downward trend remained unchanged. From the 4-hour chart, the trend of gold today is relatively simple, and it may continue to refresh the lowest.
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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.