XAUUSD: Still above the fair tech value. Ideal short opportunity
Gold advanced higher last week within the 1D Channel Up (RSI = 60.404, MACD = 7.590, Highs/Lows = 0.0000) due to further volatility and decline on the equity markets. However, with DXY almost reaching its 97.00 annual high, Gold's rise remains non-technical and continues to represent an excellent long term short opportunity. The current pull back has to succeed at breaking the previous Lows at 1,220 and 1,216 this week. Our long term TP set remains 1,203.20, 1,194.95.
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investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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