5 0

To me this looks like a 2 year distribution.
If 200ma loses support there is not much buying pressure until 23.000.
Remember not to take those V-shape structure too much into you Technical analysis, It will provide wrong information in most cases, usually best is to ignore them in some scenario's.

Also keep in mind, gold breaches it's supply zone since 2013:

Which should be an indication for the entire stock market.
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