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Gold Spot / U.S. Dollar
Long

Gold trend between now and 2020

By mytrade1602
Updated
Here is what I am seeing. Long from around 1275.
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My rationale for the long:
1. Going for breakout of the resistance
2. Around 1275, a deviation will be formed for daily
3. Multiple major support lines.
4. For my calculation, break down under the daily ichimokou cloud, the value is 50 from the point of breakdown. 1326-50=1276.
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Sorry for the mis-use of the color of trend arrows. After breakout, long from around 1292 to around 1314, then short to around 1275, then long from there.
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Test
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Updated chart:
snapshot

BTW, How to post a image in the comment?
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1308 might be the top, if 1288 broken, 1275 is coming
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1314 will be touched
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top 1309 , going to 1275 now
Trade closed manually
There will be more down.
Trade active
Let's see if 1275 area is going to be broken.
Trade closed manually
Trend Analysis
mytrade1602

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