minthooka

XAU USD LONG ON GOLD!

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
This looks as good as gold. On the daily we have a nice crossover on the RSI Stoch while it was in "oversold" territory. A beautiful rejection from the daily support. A clean break and even retest from the clouds. We have a valid ABCD pattern and a promising 5 wave elliot that seem to reach the same potential price for gold. Will buy now before a breakout and hold.
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