GOLD has been falling for some time now In fact, the All Time High of 2073$ per ounce Was hit on the 6th of August And from there, we can see Gold falling in slow downtrend Now, the fall accelerated on the Vaccine news, Which are driving the investors out of the safe havens Into the more risky assets
However, the next strong support confluence is near And area from 1747$ to 1715$ is a broad support area With the rising support giving additional strength Therefore, I expect Gold to go Up from that level To retest horizontal resistance! Long from support!
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