On analysis of the movement of S&P 500, I find some symptoms of bounce from the current levels amid growing indecisiveness due to different noises. No doubt that S&P 500 would reflect the level of tension, but growing efforts to resolve the currently prevailing tension will definitely encourage bulls to go long for a short-term duration. Let's have a look at the following charts. On the other hand, normalcy looks to return soon which will encourage Gold bears to take command in their hands.
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