Biconomics

What's Next on GOLD? Above 1751 Became Realistic

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello Traders I wish you for a very good day! Here I update all my trade plans and setups based on technicals while nothing in here shared as a trading signal. So take them at your own risk. All these remains as just a prediction until we meet with the required criteria. Best regards!

Gold showed a super dump and got the 50% Fib level. Where I was looking for a long opportunity. And this clearly shows a very respectable rejection at 50%. This dump can possibly cause a huge impact over on gold bull run. I am expecting above 1751 as FED is looking towards 3 rate cuts to adjust the situation with current economical condition. And they got a huge trade deficit from decade. And remember all this manipulations are clear step taken for a huge move. So get familiar with. Good Luck!

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