ElPatron.Y

Time to buy gold, low risk reward

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
7
UPDATE
Target almost hit! Looking for 1160-1170 area from here. 1160 is a level to watch closely for this year!

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Gold is completing an ABCD-pattern here. Once this is finished we have a big H&S, which could offer us a lower low for this year. From that point it will be even more bullish, take a look at my previous analysis on gold for more explanation on it.

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