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vincentlee3

GOLD's potential long opportunity

Gold Spot / U.S. Dollar (FX:XAUUSD)  
vincentlee3 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Harmonic Patterns
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trendanalysis harmonicpatterns
GOLD has a nice drop from 1356.

Because of the return rate of American bond,
gold broke the 1340.

Now, gold is having a AB=CD pattern at 1333.50
Watch the price action, because DXY are rally up

Besides, there is a BAT pattern at 1329,
if the AB=CD breaks, we should notice the BAT.
Comment:
The gold doesn't touch the 1333.50 and goes up.
We won't buy it.
Just watch the trend, and it probably will drop again to test 1329
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