GOLD: CORRECTION OR REVERSAL?

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Gold has been bullish, and might be experiencing a correction. Even though there was huge selling pressure to close the week, it is too early to call it a reversal. Previous weekly low is anticipated as the draw on liquidity.

Price might give a chance to join the mini downtrend at the 45 minutes breaker or at the 15 minutes base.

However, we will see how price develops come Monday.

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