vendyxiao

US Dollar is stronger than GOLD

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
I was expecting big move to the upside on XAUUSD several weeks ago, but it seems doesn't happen and it will not happen if we see how strong US dollar index move. So, i update my analysis, and we expecting there will be correction on GOLD, but it will be short term, and the trend is still to the downside unless something unusual happen.

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