phoenixTraders2020

Gold still is following the bearish movement? Isn't?

TVC:GOLD   CFDs on Gold (US$ / OZ)
We had an strong bearish movement this week. Which guided us to be a Gold seller, but since yesterday morning the price reached to the 1800$ zone. This is a long term resistance and perhaps we will face bullish pullback even countable for long position in a day trading. But, the strong tendency of descent and the main cycle might not be changed in following days.
What do you think?

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