07/03 Gold Update

A Lookback

Last week we continued insisting that gold should slump and finish the correction before turning bullish for med and long-term.

Gold, Daily, Actuals

The price, however, continued demonstrating total disrespect to our bearish outlooks by moving up on the flow of negative news from Ukraine and geopolitics.

Next Week

Today the price finally starts giving signs that the uptrend is might be over.

Gold, 4hours

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