Possibly the GOLD will start to fall or go back depending on the strength with which the price goes down since it can start to make an impulse (1 2 3 4 5) or just make a simple retracement (ABC) to continue rising and with it would invalidate my analysis.
Today's money is going to bonds and not to equities and due to a potential economic crisis and with it gold would drop in the short or medium term.
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