Maybe a bit early to be calling a triple top on the monthly chart. However, with May typically being a risk off month, we could begin to see further decline with gold. It's certainly not prudent to be buying at these high prices. Be cautious and watch for the bears to take control.
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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.