zcsniper

GOLD at 1217.66 Under Bought!

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Watching the RSI indicator and noticing we are in the overbought spectrum - from the last 2 dips in value from a gradual spike to a mighty low we can tell that the current low we are sitting at (under sold) we should be able to catch a nice wave race up from 1217.66 to about 1240-1280 by Oct. 30th

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