We can see in gold that we are in a bullish channel situation with a succession of many green candles accompanied by many green volumes. This situation draws our attention to a probability of having a decline. This decline will be confirmed by the strong break of the support line and the vwap indicator by a large red candle and followed by a large red volume.
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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.