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Rocketman
Jul 22, 2018 10:08 PM

GOLD (XAUUSD): At Monthly Support Long

GoldOANDA

Description

Gold is oversold on larger time frames.
Gold has large negative candles with falling interest and activity; this hints to a sign of a divergence between sellers and buyers.
MACD is positive.
Stochastics and RSI is oversold.
I am fundamentally bearish the US Dollar.

It is worth a shot!
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