Weekly Ideas on GOLD
The GOLD has made a pullback on the last two days of the previous week. The weekly candle has closed below the resistance. There is a top wick on the 2039 levels. In this week, I would expect the price to move further down towards 1970s. If it breaks below that, it will move down towards 1940 levels. However, since the monthly candle is still bullish, after making a pullback, the price can flip any time soon to re-test 2100 levels before making a decision where to go next.
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