Similar washout trend reappears, gold will continue to plummet by $200
Market panic and global asset collapse are good things, similar to the wave on March 16, 2020. After this washing up, gold will continue to soar, and all assets that have plummeted will rise again.
Gold plummeted again today, which is expected. Gold has not bottomed out yet. Don't buy at the bottom, look for pressure levels to go short. Today's buying price jumped short and opened low, this is the pressure, relying on the pressure of 3016 to short gold at high prices.
Gold will continue to plummet by more than $200, with a drop of $250 in 2020. Now that the gold base has grown, it has to drop by $500 no matter what. Besides, the support level below is around 2800 or even lower. I want to take my brothers to seize this opportunity of decline. My short position is about to enter the market. Are you ready?
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