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Gold Spot / U.S. Dollar
Long
Updated

Lots of confluence here. It's time for a retrace...

185
We have reached the target of the fib .382 from the 2016 bottom
We have also reached the .618 of the fib from the march bottom
Note
The long term trends also signal a reversal
snapshot
Note
We have also reached the bottom of the bullish accumulation block from last spring.
snapshot
Note
We are also back to the 20 year trend...
snapshot
Golden_Oracle
Chart PatternsGC1! (Gold Futures)GDXGDXJGFIGoldTechnical IndicatorsKGCKLTrend AnalysisXAG USD ( Silver / US Dollar)XAUUSD

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsGC1! (Gold Futures)GDXGDXJGFIGoldTechnical IndicatorsKGCKLTrend AnalysisXAG USD ( Silver / US Dollar)XAUUSD
Golden_Oracle

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.