TradingShot
Long

XAUUSD Consolidation/ Buy Signal

FX:XAUUSD   Gold Spot / U.S. Dollar
Pattern: Parabolic rise on 1D.

Signal: Bullish as after the parabola broke down, the price reached the Support getting rejected on the 6-month RSI Resistance Zone .

Target: 1640.
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Same thoughts! 1530-1618
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Due to the the lately USA - IRAN war tensions de escalation, Gold is unlikely to climb back up. I am on the opposite for this time.

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I believe it will go back down to the 1500 area at least before it continues for a good long position. You should probably look at the weekly chart. It's a VERRRRRRRY STRONG bearish candle!!!
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Just went in at 1544.. Agreed with ur idea.. Thx.
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Not going to happen...
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