Gold bugs are waited by disappointment

Yes, today gold shows small growth and again the price rested against the psychological resistance 1800 about which I already spoke more than once. It is visible that more and more gold bugs enter gold in hope for growth, but I consider, it is wrong. I expect a price reversal down on one of resistance (are specified on the chart). The purposes remain the same a trend line, 1680, further 1620 and then 1550.

Information provided is only educational and should not be used to take action in the market.

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