Hello everyone, here is my analysis for gold this week. Friday candle closed bearish with an engulfing bearish candle, and close below the the daily trend line, which may signal a temporary push towards 50 or 61.8 Fib retracement before resuming the dominant up trend.
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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.