FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold currently made the 3rd touch of the trend line from 30th May 2019 low, stalling at the 50% fins level as well as decelerate around previous based area it give us a long opportunity. look for rejection candle closed or any low test candle before placing the long trade.

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Trade closed manually
Since we are above 1484$ and haven't closed under it, it's good to go with longs. I am not sure, if this metal is to get a correction before reaching 1620-1650$...
You swinged I daytraded ;-D

would you please post a new idea about gold?
What do you thing of double top pattern in gold daily chart or even some others say it is a head and shoulder?
Thank you
I made 10% on JNUG today after reading your analysis. Thanks for sharing.
With rate cuts likely in the next couple weeks, I think this holds the trend line.
LCFXpro ChristopherCarrollSmith
@ChristopherCarrollSmith, yes that is indeed possible.
Great work buddy! I would be careful though because it can start a bigger correction pattern before any new highs which would start pushing it down and down. But I agree, the bigger picture is in my opinion, still to the upside.

Here is my forecast:
LCFXpro apdodog
@apdodog, indeed. Further confirmations needed before placing long trade.
sir i want to join your telegram channel....
+3 Reply
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