The gold price was weak for quite some time now and has dropped below $1800 last week. We expect it to further decline and even move way past a mark of $1767. However, there remains a 25% chance of a bullish comeback, which would realize if the price would manage to stay above $1879. However, our primary expectation is that the bears took over and pull the gold price down for quite some time now.
Happy trading!
Happy trading!
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.