TengYuan

Gold, Long-Term Perspective

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Double top formation at the peak, and now it seemingly gradual correction to first support level. The downtrend could further to second support level, yet we does not exclude the possibility of triple top formation and I personally think the latter will be least likely to happen as not much catalyst to lead the gold price since macros will be to policy tightening.


- IT'S JUST AN OPINIONS, TRADING DISCRETION IS ADVISABLE -
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