The gold price action is so predictable. The previous high 1146 level on the 1h chart sticks out like a sore thumb! The smart money was just priming the market @NY open to suck in the bulls playing the breakout 1142 level with momentum then slams it down after a bear stop sweep. This could be the trigger for the new bears to jump back in a push price down. Again all very premature in the thick of the action and will find out tomorrow @NY Close.
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