GOLD TRADE WEEK 17 YEAR 2025

GC has printed two explosive Weekly candles during Week 15 and Week 16. Although it’s been in an overbought condition for a while, we should not look at going short unless it gives an indication of the formation of a downtrend in the short or long term. Buying the dips into Daily or 240 minutes Buyer areas can still work as the shining metal continues to print new highs.

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