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Gold Spot / U.S. Dollar
Short
Oct 15, 2022
Gold - next target $1530
1
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On the HTF charts we can see gold has move around $ 200 for the prior 3 legs down.
So , with a similar movement down in the current leg , a price target of $ 1530 is reasonable.
The next weekly support level comes in at $1450.
With an extremely bullish Fed , and skyrocketing US Dollar, Gold is on the slide.
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