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RobertSoos

Gold at weekly support, RR points to buying opportunity

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
RobertSoos Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Rectangle Fundamental Analysis Gold XAUUSD riskreward USD triange
3
0
rectangle fundamental gold xauusd riskreward usd triange
Key points:
-USD (DXY) weakening needed
-Bond yields capped (US 10yr below 3-3.1%) - negative risk sentiment

Comment:
Clearly demonstrated why a stop is needed.
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