Gold Monthly Cycle
This is current gold monthly cycle and as we can see that gold already breakdown the multi years support (1680) and trading below it, from the monthly chart we can see that there is more room for decline from the price action view.
On intraday levels we can expect some pullback /Corrections but in the bigger picture trend will remain bearish as DXY is keep pushing the accelerator.
On intraday levels we can expect some pullback /Corrections but in the bigger picture trend will remain bearish as DXY is keep pushing the accelerator.
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