๐ฃ#Gold
If China is unstoppable and is adding more gold reserves every month, then I would advise everyone to be very careful. It is not a question of what gold can do in the short term due to INSIDE TRADING and MANIPULATION.
It is better to be careful... China is not one of those economies that adds gold just for fun. They are one of the largest global economies and smart people too when it comes to politics.
โ ๏ธGold fell and invalidated a very strong pattern yesterday moving below 4060 as I explained in the first analysis. However, it was not a sell setup and the geopolitical situation, high inflation, US debt, Trump tariffs do not support a weaker gold.
How it may develop remains to be seen, but it is definitely not a normal drop in gold to 4000 for no reason yesterday.
โ ๏ธI think the big Trump-linked hedge funds are creating a gold sell-off just to create panic so they can buy at a very cheap price. Just be careful. If you don't like gold now, then wait for another clear opportunity. Why take the risk when it's doing movements that are not driven by a normal market activity
โ ๏ธGold is not a normal instrument, don't forget that, and it is not yet playing its role from Insider Trading and Manipulation.
#gold #goldtradi #goldinvesting #goldanalysis