GOLD Bearish, For Now!

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Here we take a quick look at Gold and, unfortunately, it did not bounce as expected. We have also broken beneath the uptrend line so therefore, it is bearish . However, momentum is still bullish which means when it does take-off, well then, it's going to the moon. But for the time being, gold is near landing zone and would be interesting to see it touch and go.
Trade closed: target reached


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