Like we said in each one of our analysis recently, we're expecting gold reaching lower values!
For everyone who's already in short positions we'd like to say that this is the moment where you can move your stops. You could also add to your positions.
And if you don't currently have an active trade, then you still have the chance to enter. You can enter at current price levels but that is a more risky way to get involved. You can also wait for a breakout and a retest.
The next downfall should reach 1775.
To see how this will play out make sure to follow us!
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