LucrumEA

Gold - bearish bias.

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Last 2 months gold have strange behavior. It is jumping, droping , jumping again. From my point of view it is in triangle and trying to make decision. After analysing DXY (it shows good reverse) my opinion gold will go down. Even with dropping DXY gold does not have enough power to rise with powerful bullish momentum.

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