Quite a good representation of how Gold pair showing setups in the mannerisms of its volatility. Heavy presence from the data backed US Dollar and inauguration of POTUS Joe Biden coming up.
Overall we are still bullish to concern ourselves with fundamentals aside, technically structure denotes the idea that 200 may be reached 1 or 2 more times to give gold its huge relief however if the fundamentals show otherwise, good opportunity for bears to come in and take control
Overall we are still bullish to concern ourselves with fundamentals aside, technically structure denotes the idea that 200 may be reached 1 or 2 more times to give gold its huge relief however if the fundamentals show otherwise, good opportunity for bears to come in and take control