Gold will collapse this week before NFP at the end of the week

The current geopolitical situation is giving strong signs of a bullish Gold following the recent events linked to the new American policy. After marking a new ATH today, I'm expecting a retracement before the uptrend continues, at a former resistance which has turned into a support. It's also worth noting the big drop in cryptos last weekend, and they are, at least for the majors, in the same trend as gold. We saw losses of 10% on cryptos such as ETH and SOL, but the giant BTC was not to be outdone with a loss of around 5%, which is more or less the lag I expect to see on Gold. I took a position after the formation of the new ATH and its rejection at the close of the London session.

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