XAUUSD Gold is Heading into medium term bear market

FX:SPX500   S&P 500 Index
34 0 0
after Monday May 1 and Tuesday May 2 Trading XAUUSD             Gold             is Heading into a short to medium term bear market
It has traded lower than the last two highs and has now technically weak. It could recover to make new hights but until then it is considered a short opportunity near term. In light of the financial and worrisome world climate with many unknows, this doesnt make much sense which I am just saying.
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