VIP_Trading_Technologies

GOLD :: bearish pressure

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
My view on GOLD has not changed. I remain bearish at the moment with the same target.

In this weekly chart things make more sense to me. Unless we break out the current descening channel (1790+) I would keep holding shorts.

If you observe carefully you will see a falling pattern every certain weeks ;) We might keep moving sideways in the current range till the next drop.
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