Remember what I said on my last Gold update? We could see a short squeeze happen on Gold to trap new buyers & liquidate early sellers. I said if Gold passes the $2,700 mark then it could go up to $2,720 - $2,735 before dropping. Price touched $2,720 last night & melted right back down with accuracy🎯
Overall, our bearish bias remains intact despite the short squeeze!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.