masipagmabait

XAUUSD Gold updated buying level

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Wave 4 is currently on play which is a great opportunity to enter a long or add to existing long. Wave 5 will be impulsive and im expecting wave 5 to go beyond 2100 since 5ft wave of commodities always extends.

This downward pressure is very logical since the DXY is bound for correction.

Stay long for we are in a bull market. I dont recommend shorting gold.

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