RaphaelLaplante

XAUUSD DEC 26 2016 D1 Chart

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
2
I think that the Gold should go up for a long term. WHY?
-RSI shows that this pair is oversold.
-MACD shows that we should see a reversal situation soon.
-We hit the 0 fib level.
-This pair should go up until the 0.5 fib level (strong resistance level) TP.
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