Gold has had a parabolic increase during the last couple of hours and has been negatively correlated with Bitcoin which is now consolidating after a steep fall.
Profit taking make occur with LDN Gold traders who are expecting a retracement before any more bullish activity.
Profit taking make occur with LDN Gold traders who are expecting a retracement before any more bullish activity.
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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.