SignalSwiss
Long

GOLD: CONSOLIDATION

FX:XAUUSD   Gold / U.S. Dollar
1887 6 59
Potential consolidation in the near term, but our focus remains on the weekly review we posted a few days ago (see chart below):

GOLD: MEDIUM-TERM ANALYSIS



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SignalSwiss
TRADING ROOM: http://www.nonsolotrading.com
Comment:
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Trading Room: http://www.nonsolotrading.com
IS THE TRADE ACTIVE SIR???
+1 Reply
Hi. What do u think about it? Higher DXY means a lower XAU, right?
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Best regards :) mav
Reply
Yes, technically, what you say is correct! :)
Reply
m4riovolp3 PRO SignalSwiss
ok. So. And, from the technical point of view, it means, that the precious metal (gold) have to move down. A confirmation is needed, before we can go "ALL IN" long. Right?
Reply
m4riovolp3 PRO m4riovolp3
on a daily timeframe: I'll see this scenario (DXY)
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The result of that: Gold very long (mid-long term) But, in a short term (next days or week) we expect an another leg down. What do u mean? greets :) mav
Reply
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