Gold - The chart screams short and it may be wrong.

FX:XAUUSD   Gold/U.S. Dollar
253 1 4

As per my previous post - Very pivotal.

I find the gold             has been very resilient on the cliff             given the recent Equity and USD strength.

The next move may be up.

it is a dangerous long against the common sense while looking at the chart - I like it for that ( i would not fight below 1110 in close though) and would only wait for weekly close above 1180 if that happens (meaning i would have lost ammunitions trying)
IvanLabrie PRO
2 years ago
1113 is the last drop of support before hitting 965-921 based on my methodology.
Indeed, an interesting proposition, IF the fed disappoints (for a good reason), which would be terrible for equities, and good for my yen strength trades.
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