Becarefull about the breakout here!
There is a bearish channel here, which is at the bottom now.
It shows an upcoming wave to the top of this channel.
However, if the breakout happens, changing to a bigger down trend is inevitable.
Fundamental analysis also is not Gold's friend, traders actively are liquidating Gold positions, and some are buying government bonds.
There is a bearish channel here, which is at the bottom now.
It shows an upcoming wave to the top of this channel.
However, if the breakout happens, changing to a bigger down trend is inevitable.
Fundamental analysis also is not Gold's friend, traders actively are liquidating Gold positions, and some are buying government bonds.