Wave-Trader
Short

XAUUSD Gold Setting up for another breakdown

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi there,

Gold is falling slowly slowly and setting up for another breakdown.

As long as Gold keep forming correction for downside stay bearish . Sharp breakup the bearish trend line will let the next bullish impulse to start.

As long as fundamentals keeps getting better stay short. If US and China Trade War get worse then Gold can breakup for next impulse. We are having FED rate decision next week Watch Gold to break lower during that or Gold to break lower on 15 DECEMBER Tariffs delay.

Good Luck

Trade with Care
Dec 07
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Jan 08
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Yes, thank you, but I went bullish.
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This is how the sequence looks like, not how you see it.
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What are you gonna do now? How about your members? Way off...and we are talking about Gold...shame
+1 Reply
totally wrong
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Thanks for your analysis.
Are you long term bullish on gold after a medium term correction?
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Good job

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ultimate trade plan for gold and outlook for dec2019.
 
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