I had a conversation with a colleague of mine who trades gold and is waiting for the price to arrive at 1500. Although it is a possibility the bigger picture suggests that price may revert at 1450 and enter a multi-year bear market which may devastate the precious metal industry.
When googling for an example of E being a false breakout stumbled upon very similar chart by Zhikaaa
When googling for an example of E being a false breakout stumbled upon very similar chart by Zhikaaa
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