The recent rise is corrective, Gold remains bearish

2022年9月12日

Last week, after a new attempt to break under 1680-1690 support, Gold reversed again.
However, the recent rise is corrective in nature, overlapping, and pretty volatile.
The spikes above 1720-1725 are quickly sold by bears and I expect them to take total control soon.
My approach is to wait and see for now.