Gold Spot / U.S. Dollar

Short

Updated

Possible Scenario

Possible Scenario. I will rather wait for lower lows in September for long

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Kindly ZOOM-IN to chart for details

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snapshot

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snapshot

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snapshot

Maybe a gramophone

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There is a potential support break and that would nullify abc retracement

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snapshot

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If EURUSD finds good support now at 1.17850 since we can see a bullish div. developing, then Gold may see more bullish retracement to 1850

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If 1820 resistance is broken, then wait for 1840 before selling

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Wee-wee this morning

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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.