muhammadfarooqsaeed34

GOLD ANALYSIS

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FX:XAUUSD   Ouro/Dólar Americano
No Chance of gold being bullish in any case. RSI on weekly doesn't show any reversal in any case. plus MACD is looking terrible as hell on weekly. Although believe in foundation analysis more and have greater faith in trend lines but these indicators are also showing gold is going down which will be confirmed by the trend lines eventually.
GOLD will most probably go to 1516-1550 range
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