Short-term traders exit long position on a RED Daily “Trade Triangle” @ $1,356.15 today and remain neutral for now. This short-term trade produced a loss of $5.83 an ounce.
Intermediate and long-term traders hold long positions.
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Gold issued a NEW weekly green Trade Triangle indicating that the intermediate-term trend has changed to a long position. The Trade Triangle was issued @ $1,246.72. Get your Free Trend Analysis of Gold