$GLD = Quick Update = 30.01.2022 #GOLD #preciousmetals $GDX $Gold $XAU #XAUUSD

Is $GLD getting ready for a reversal or still has an option to go much lower after this weekly bearish Engulfing candle?

This chart below is a Long Term Forecast for $GLD.

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The possible options were discussed in the Weekly Analysis for gold:

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