There is an obvious expectation of a final bounce along the down trending support set to propel gold upwards, based upon 3 factors: 1) "Market goes down, Gold goes up", 2) Sentiment surrounding an "inevitable" downturn in the market to come is a powerful proponent, and 3) Chart indicates a high likelihood of a rally in Gold, if the first 2 factors begin to dissuade market climb.
Kommentera:
Bingo! Long term is still uptrend, I think... But may fall a bit more to beginning of 2020.