According to this chart, Gold has a double head now. Retracement can make it drop down to 1282-1290. Then we will see it get high up to 1323, this is the best price I can predict for gold for now.
So two trades here: Short: 1305-1290 or 1305-1282 Long 1282-1323 or 1290-1323
Less is more !
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short trade 1st tp achieved. 1290
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gold drop again, with DXY stop dropping. Now waiting for 1282 as next support.
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GOLD hit redline and drop down again after the US president's selection.
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I don't know about DXY has stopped dropping yet.
Please don't think I'm harassing you. If I didn't think you were good, I would not even have bothered to comment your ideas
FUNTRADER-Vera
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thank you.
Just to make sure you know that I also trace retracement.
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its just a retracement for dxy, not really stop dropping and rising for now.
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I know and I liked the idea and even commented it at the time. Then became one of your followers (because of it)
Please don't think I'm harassing you. If I didn't think you were good, I would not even have bothered to comment your ideas