NFP hammered gold and although the uncertainty caused by recent war actions seems that gold is falling. For now the direction remains bearish.
Last month gold moved very ugly - rapid moves of 300 pips in opposite directions almost every day. The result is an inside monthly bar. Gold is creating liquidity to break the all-time high once and for ever, but just not yet.
Last month gold moved very ugly - rapid moves of 300 pips in opposite directions almost every day. The result is an inside monthly bar. Gold is creating liquidity to break the all-time high once and for ever, but just not yet.
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