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Short

XAUUSD Forecast for the week starting 26th September

OANDA:XAUUSD   Gold
227 2 4
2 months ago
Gold             has been trading inversely to the USDJPY             .

USDJPY             retested the 100 level and that's proven to be major support.

A small recovery in the Yen will send Gold             back to the 2016 support trend at $1320
2 months ago
Comment: TG 1320 Hit
2 months ago
Comment: Target $1320 hit, idea closed
2 months ago
Trade closed: target reached
graham.edwards84
2 months ago
Completely agree. Gold fever is clouding people`s judgment and emotions are running high. Analyst rhetoric is overwhelming. When you look at the evidence objectively, it seems apparent the USDJPY will now begin to rise. My opinion.
+1 Reply
MariusStef
2 months ago
I agree.I also think that once it will hit the 1320 support will explode to the upside by the end of the week..if we look at the weekly chart we see that is oversold and sitting above the 10MA(1322.57)
+1 Reply
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