Gold is testing a critical support juncture. The precious metal is near 1210.00 USD as of this writing and if it should go to 1203.00 it may find pressure that takes it lower from there per market psychology and signal based technicals. Those who are tempted to go long should keep in mind the notion about standing in front of incoming trains. The trend in gold has been negative and there looks like an opportunity to test the waters and see if the tide takes the metal to even less value. Digital Markets Advisor believes the bear market is still very much in control of Gold.
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