nagihatoum

XAU Gold not bottomed

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Can safely say that the bearish trend will continue. There is room for the RSI to go further down and the channel's support is still far. Outlined some supports were gold can bounce.

I wonder if the mountain with 90% gold content found in Congo, if true, has anything to do with it.

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