MDT-Trading-Group

Bulls are keeping the price from dropping below 1857

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Currently stuck in an uptrend tunnel, bulls are keeping price from dropping below the 1857 level, potential of a daily raise to 1871 and above, with 1871 becoming the new support for Tuesday. With elections making the dollar drop, we could see a big positive move for the Gold as the end of Q3 is approaching and reaching highs of 1950+ by the end of Q4.

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