Gold hit one new ath to another due to the interest rate cut(50BPS). Although we anticipate a bearish movement this week. There is a bearish candle formation that might just begin the bearish movement.
Possible long term targets are $2,602 and $2,589.
This should happen before the bull continues.
Possible long term targets are $2,602 and $2,589.
This should happen before the bull continues.
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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.