Gold Spot / U.S. Dollar

Short

Updated

Not oversold yet

We may see bear flag on daily before support breaks. Better to sell breakout or wait for ret after break and sell. Major buy at 15xx/1460

Note

f 1752 forms resistance and we see abc zig zag by Wednesday, then we will see a further drop to 1600 first then a retracement and maybe 1550 next

Note

We could get a slam dunk on EU too

Note

Weekly pin but I still see good resistance and we may dive from here at 1760

Note

On 4hr/3hr, all I see is just an abc retracement for another dive down

Note

snapshot

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Possible Scenario

by Jimmy_S_Rsqd

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Related publications

Possible Scenario

by Jimmy_S_Rsqd

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.