Futures OroShort
Gold, Bearish on weekly chart
It is 17 weeks that the gold is trying to break the $2400 USD, but it is unable to do so. in technical terms we can see a clear stop hunt and moving in a side zone which looks like a distribution phase.
on fundamental side, due the uncertainties related to US presidency election and The Middle East critical situation i think the price will drop in next weeks.
on fundamental side, due the uncertainties related to US presidency election and The Middle East critical situation i think the price will drop in next weeks.
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