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DragonCaptain
Jun 2, 2020 8:48 PM

GOLD HAS COMPLETED THE PULLBACK LEG, BEARS TARGET 1780 MARK Long

Gold / U.S. DollarFOREX.com

Description

XAUUSD has completed its pullback leg from 1748 range to 1722 and can follow the plan to 1780 as US-CHINA tensions, US Riots and Pandemic fears overcast the market sentiments. Every pullback is an opportunity. Follow ascending channel and trading levels on charts. \FOREXCOM:XAUUSD

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Unexpectedly strong NFP data, Riots stopped the violence and Recovery hopes have turned Gold bearish. Multiple rejections at the 1750 mark give a strong signal that Gold has lost its steam.
Comments
Janson5
May I know XAGUSD also GROWTH UP?
DragonCaptain
@Janson5, i will post my analysis on that.
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