Gold in all likelihood may decline. On the chart, technically, there is a situation that may indicate that the price is preparing for further decline.
Reasons for further decline â
1) reversal setup
2) retest of support at 2020.13 - strong pre-breakout potential
3) negative fundamental background for gold
4) support breakout attempt may lead to a true breakout formation
Reasons for further decline â
1) reversal setup
2) retest of support at 2020.13 - strong pre-breakout potential
3) negative fundamental background for gold
4) support breakout attempt may lead to a true breakout formation
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Trading TipsđĄ
Secrets ofđ
Analysisđ
Forecastsđ
FREE TELEGRAM:
đč Telegram channel: t.me/Go1dTech
đ My contact: t.me/GoldTech