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Gold Spot / U.S. Dollar
Long

XAUUSD: Could return to 1250 at least

By IvanLabrie
Updated
I think Gold's a long here again. Tight stop, be ready to add if we hold for two more days, and march higher.
Best of luck,

Ivan Labrie.
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Strong action in XAUUSD snapshot We continue to hold our longs.
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Looking good.
Trade closed manually
Closed here with 1.62R:

snapshot

Also closed silver. Will reenter in a few days if valid.
Trade active
Reentered gold at 1263.28.
I think gold bottomed for a good while, and we might see a monthly scale rally.
There's a chance to catch up to BTC even.
Trade closed manually
Sold again at 1291.7

Will rebuy dips.
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I'm in GFI, a promising gold miner, also have physical positions -25% of capital from 1220-

Looks like XAUUSD can break out and surge from here, odds are pretty big, considering all factors, and how it is accumulated.
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Broke out, this is huge...potentially.
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It was, and it is, huge...

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We might consolidate here for 9-10 days.

Buying on dips.
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Ready to rally again, after a 9 day consolidation -which we anticipated correctly-.
Oversold readings in the daily are good here. Buy into strength.
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Beyond Technical AnalysisChart PatternsGoldkeyhiddenlevelsrgmovtimeatmodeTrend AnalysisXAUUSD
IvanLabrie
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