Gold is still in a downtrend, making it likely to continue moving down. It hasn't broken any resistance on the 4-hour time frame and has failed to create higher highs and higher lows, indicating a higher probability of further downward movement.
Please, don't follow my signal blindly, trade based on your own risk.
Please, don't follow my signal blindly, trade based on your own risk.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.