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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