The yellow metal found resistance by the 200 DMA within a pennant. That suggests a downside breakout would commence next week. In such a scenario, we'd expect another leg down for the precious metal.
I recommend you this time shorting during this week as i expected a downside move from GOLD in the stock markets.
I recommend you this time shorting during this week as i expected a downside move from GOLD in the stock markets.
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