#Gold failed to extend a candle rally on the daily frame, leaving the bearish odds intact and increasing the probability of a 50/100 DMA cross in the next few weeks. The perspective path outlined 2 months ago (chart below) stands. Buckle up and know who you follow in such turbulent times.
The candle call on March 18th – below.
A bigger picture and probabilities were discussed in the Weekly Analysis:
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