Gold bearish downtrend
As seen on the graph , Gold is in a downtrend motion creating higher lows & lower lows on the 4 hour chart . Fundamentals also play a role on this setup as the USD has been bullish after NFP .
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Disclaimer
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.