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Gold under pressure currently but bullish trend still intact

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
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4
Currently Gold market is under pressure and can move down to 1778$ and then strong pullback is expected upto 1845. i think it will be last down touch and then bullish trend will be intact, however if market breaks 1770 then seller will be more strong.
just reading my analysis means a lot to me. thanks

Comments

It could due to the inverted monthly h and s however we can see a heads and shoulder on the 4 hour frame so could dip down to 1750 first then we could see bulls
+2 Reply
i like this! but i don't think it will dip any further then the 1790 mark...
+1 Reply