The SPDR Gold Shares price seems to react at the T1 trend line zone, as this surely represented a good support for the bulls.
Even though the long term chart shows a rising trend there are some clues that are warning the bulls of a possible break below the t1 trend line. One of the trend definition is creating two consecutive highs and lows in the same direction. In this case, we are looking to lower highs and lower lows created in the last four months.
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