in my opinion (that could be wrong) gold give a sign that it has come in the last movement in downtrend before its UPTREND.
so.. if Im not wrong, It will FALL (last time) and will go UP (long time, continue its bullish)
so.. if Im not wrong, It will FALL (last time) and will go UP (long time, continue its bullish)
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I think that gold have broken its resistance and will make new resistance one.
my preferance is out from short position and join with buyer in long position until it make a new resistance (probably it will happen arround 1296)..