SteynTrade

XAUUSD Gold Bulls resting

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Using a Schiff Pitchfork to describe the larger market vibration we find that price has reached the upper trigger line and is retracing. Currently, low volume interest is shown. The retrace should continue for the week to come. The following week we can look for volume increases to show buying interest returning to go long.

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