TradingSig

Gold / US Dollar, Daily Chart Analysis Jan 4

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Technical Analysis and Outlook
Gold’s bull market has only commenced. Gold will reap some benefits coming from the diversification from stocks. From the low of $1160 ever since President Trump was inaugurated, Gold has produced a 2-year bottom base, so we anticipate the Gold rally to go on with a near-term target at Gold Rally $1302.

The Gold completed Inner Gold Rally $1296; The down risk is a new Mean Support $1279 and Key Support $1267.50. (For the latest market talk, please see the site 'Market Commentary' tab).

Comments

TradingSig,

You are awesome!

It's pathetic that quality posts like this only received 3 likes (1 from me). Please don't be discouraged and continue the good work. Your followers are certainly thankful for your contributions!

Al
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TradingSig coolingla
@coolingla, Thank you Al, appreciate it.
Some sheeple love the noise. Focusing not on the present moment’s data, actually, tend to discount future events differently from the rest of us.

Bill
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