We are at a crucial point in gold's technicals. It seems that if it smashed through $1,285 then we should be headed back down to $1,240. It had re-entered into the recovery triangle formation. It seems we had a false breakdown in the second half of 2019. The next 1 to 3 months will most likely tell us which direction we are ultimately heading.
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- Nice early retest of horizontal support
Nice early retest of horizontal support, page-16
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