aksjetom
Short

Gold in trend channel

FX_IDC:XAUUSD   GOLD / US DOLLAR
52 0 2
Gold             seems to be given up by Bulls so far, had a nice rally earlier, but it seems abandoned for Bitcoin for a short while.

I have drawn a R1 with earlier resistance area also crossing the trendline , R2 is tops in recent time.

Gold             is still bought in large q by banks and governments, pressing it down, especially in COMEX.

I will look for CCI spike before fall, same in RStrenghtI

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