The gold price was weak for quite some time now and has dropped below $1800 last week. We expect it to further decline and even move way past a mark of $1767. However, there remains a 25% chance of a bullish comeback, which would realize if the price would manage to stay above $1879. However, our primary expectation is that the bears took over and pull the gold price down for quite some time now.
Happy trading!
Happy trading!
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🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.