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BCMel
Feb 27, 2020 6:29 AM

Elliott wave projection for gold bounceback Long

GoldOANDA

Description

This is my hourly projection for spot gold, given that a resumption of the strong 3.5 month uptrend is likely to continue.
Gold has been rising in spite of the US dollar maintaining it's strength.
MACD is making a gradual recovery on the hourly and is positive also on the daily and weekly charts.

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