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awpthorp
Oct 21, 2020 10:05 PM

XAUUSD Long and Short Thesis 

GOLD / U.S. DOLLARICE

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Main notes are on the chart, please look.

If gold can get a daily close above 1930, I may be a buyer. More so at 1945+. It's looking that way.

However, I think the banks will liquidate their positions to derisk ahead of the elections, increasing the DXY, thus hitting the precious metals hard. Gold 1800 or maybe lower.
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