The market rejected the trendline respectfully. Only due to US elections it came through the trendline but it corrected itself. Also, the vaccine program has started in the UK and will be starting soon in many other countries. The gold
price hurricane is going to correct itself before the big long that is coming in January because of the stimulus packages from the FED and ECB. The trendline is bearish
and all the indicators are telling short.
Our final goal is the support area
, which can even be broken if the central banks are lending a hand.
Goodluck fellas ;)