#XAUUSD = Gold: Weekly Analysis – Consolidation Continues = 03.07.2021 #GOLD #preciousmetals $GDX $XAUUSD $GLD

This week gold made a second sign of consolidation. The price barely advanced off the previous Friday and technical indicators deteriorated further. The odds continues to stay bearish. Let’s explore the hypothesis from different angles. MonthlyIn June gold made a dramatic reversal and produced a solid Dark Cloud Cover (1 more point down and it … Continue reading #XAUUSD = Gold: Weekly Analysis – Consolidation Continues = 03.07.2021 #GOLD #preciousmetals $GDX $XAUUSD $GLD