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GOLD's potential long opportunity
Gold Spot / U.S. Dollar
GOLD's potential long opportunity
By vincentlee3
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Updated
Jan 30, 2018
3
Cheer
Cheer
Jan 30, 2018
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.
Jan 30, 2018
Comment
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
Harmonic Patterns
Trend Analysis
vincentlee3
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