FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
According to this concept, the 2 following weeks should develop further lows and finally July could offer a temporary rebound with the target of $ 1837.
Unless August closes below $ 1707, there are rising gold prices with 2 options: blue with blue numbers or red with red letters.
Comment:
Here is the chart from May 17th.
So far this TA is going well.
Comment:
April 12
Comment:
Next target: 1853-1859
Comment:
We are still well on our way.
I raised the target to TP2 @ 1906.77-1908.42 $.
Only one condition is required: up to TP2 the price remains above $ 1791 stable.
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