As some of us might know gold is one of the safe heaven to escape when the stock market is going down.
Besides the direction of Gold is highly affected by the USD dollar as well.
With the stock market tide has turn from an uptrend to down trend we can see gold form an inverse head and shoulder breakout.
Besides by looking at the 4 hours chart, gold price has went up above the down trend line as well.
Besides the direction of Gold is highly affected by the USD dollar as well.
With the stock market tide has turn from an uptrend to down trend we can see gold form an inverse head and shoulder breakout.
Besides by looking at the 4 hours chart, gold price has went up above the down trend line as well.
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