Long - Gold Weekly view

FX:XAUUSD   Gold Spot / U.S. Dollar
197 0 7
Next week, I'm expected gold             drop to 1195$. Then Buy at this point.

We have a nice trendline (in purple) acting well as S/R. In january, gold             crossed over it, but crossed down in february, false signal.

This week, gold             closed above it, and above MA20 Daily.

Very speculative, but gold             can reach the long term bearish trendline to complete a bearish butterfly @1480$

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