I humbly commence with my gratitude to The Most Benevolent, The Ultimate All-Knower
GOLD Market is at very critical level of price and time. Within this channel, it rallies 3-4 trading days and has been failing at the very immediate price ceiling resistance. Today, it again failed at the price hitting the channel and at 4th trading bar.
One thing to remember that in bear market, Gold leads the financial markets lower. Initially investors run for the cover under gold and commodities, which causes the gold to rally and then it tumbles down hard, too. Usually there is 21-28 days lead and lag time.
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
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