Gold Spot / U.S. Dollar
Updated

xau usd simple trade

285
simple support resistance
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simple gold point figure chart support
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simple chhanel and convergence line support  in gold
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trend hasbeen reverse towords up side stay on buy side using a stoploss
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i am expecting minimum 1190 level,maximum you analyze,small stop loss big rewards
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,indian marriage sesaon starts from january,a huge demand will increase in this month,due to currency ban in india gold purchase decrease in december,india is the 10 largest buyer of gold so i expect up move minimum 1190 level after that may be a big correction 1040 level
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this my last update for gold i have given you all technical clue ,fundamental clue ,in a simple manner,in a traditionl way,now use your personal trading skills,with technicalanalysis when everyone has the same tools,the final differential,the ultimate arbirator of sucess,becomes the skills of the individual technician,yours sucess is my sucess,
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1190 level touch without stoploss reaching

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