GOLD April 22, 2024: Closing Down Below The Trendline

On April 22, 2024, GOLD started to move down below the trendline which is shown on the chart.

Therefore I have closed the rest of my long position in OANDA:XAUUSD.

See the related ideas section for the description of my previous positions.

Overall, it seems GOLD is still in an uptrend both on daily and weekly chart therefore I am not shorting it.
Chart PatternsTrend Analysis

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