justatrader
Short

Gold - Shorts to 1150

FX:XAUUSD   Gold / U.S. Dollar
745 5 4
And finally Gold             . A retest to 1213 level is quite likely which should then complete the divergence. Targets are based on the ascending price channel , with partial TP at 1180 and then 1150.

Either all three trades are likely to blow up or could result in some really decent profits.

Good luck!
Pays to be patient!
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My medium term analysis points to a bullish continuation context :
Gold : Bullish continuation
+1 Reply
rising wedge
snapshot
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This should most likely see a dip to 1150 if not lower at the minimum. But overall, i'm a bit puzzled on this USD strength. Something's just not right.
+1 Reply
jangseohee justatrader
and the oil strength as well
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