Looking at gold, price gave us multiple rejections at the highs, and the bearish momentum is still firm on the higher time frames. On the 15 min, we have some consolidation and a break of the downward trendline. With these factors in place we could see a retracement before the downtrend continues.
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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.