Gold still looking bearish and respecting the upper trend line . My analysis is just as simple as previous ones hence easy to comprehend .
This is still a sell in as much price holds below the upper trend line . A break below the lower trend line will lead price to 3340s and a break below this again takes us to last weeks low at 3280s - 3270s . Still bearish biases until upper trendline is broken completely .
This is still a sell in as much price holds below the upper trend line . A break below the lower trend line will lead price to 3340s and a break below this again takes us to last weeks low at 3280s - 3270s . Still bearish biases until upper trendline is broken completely .
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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.