Last week Gold declined, with Tuesday being the largest range day:
The week was also similar to the week before a large range Friday, with steadily declining lows till Thursday:
Considering the down week and the large range Tuesday, a week like so tends to follow:
Just with the large range Tuesday, the following week is like so:
The two weeks contradict on Monday, while both agree on rallies form Wednesday to Thursday highs. Keeping a close watch on Monday price movement should provide insight into which chart is tracking to next week’s price.
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