GoldMarketInsights
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Did gold plummet when the war ended



What do you think of gold?

After a bullish move and a break above an ascending trendline, gold has entered a correction phase. Currently, prices are below a key resistance level, in line with the 78.6% Fibonacci retracement level. This area is a strong resistance that could hinder further upward moves.

Prices are expected to react to this resistance level and enter a downward move.
If the above resistance level is decisively breached, the bearish scenario will lose its validity and the likelihood of a sustained upward move will increase.

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(Source from: TV-By tradermarkriverag)
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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