Gold Spot / U.S. DollarUpdated GOLD's potential long opportunity
GOLD has a nice drop from 1356.
Because of the return rate of American bond,
gold broke the 1340.
Now, gold is having a AB=CD pattern at 1333.50
Watch the price action, because DXY are rally up
Besides, there is a BAT pattern at 1329,
if the AB=CD breaks, we should notice the BAT.
Because of the return rate of American bond,
gold broke the 1340.
Now, gold is having a AB=CD pattern at 1333.50
Watch the price action, because DXY are rally up
Besides, there is a BAT pattern at 1329,
if the AB=CD breaks, we should notice the BAT.
Note
The gold doesn't touch the 1333.50 and goes up.We won't buy it.
Just watch the trend, and it probably will drop again to test 1329
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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.
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.