Gold Correction Underway

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Photocredit: © 2019 Bloomberg Finance LP
© 2019 Bloomberg Finance LP

Here is a summary of the bearish influences on the metal price :
Sentiment is too bullish.
The weekly graph shows a hook sell signal, a sign of coming weakness.
The monthly cycle topped on the 11th and the weekly cycle does likewise on the 17th.
The combination of…

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