meszaros

XAUUSD for financial investors.

OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD for financial investors. This analysis is specifically for long-term financial investors. It can be seen that the gold price has begun to make a corrective fractal copy. This broke his ascent pattern. It is advisable to take short positions for a short time. It is advisable to buy gold or gold ETFs under 1400 usd. Here I would like to draw attention to a fractal rule. If the first ascending phase of a fractal copy and the correction response are the same, it is likely that the continuation of the fractal will be the same. What does this mean in this case? If the fractal is copied according to the analysis, then the third major ascending phase is presumably copied. In other words, gold can go up from 1340usd to 2500usd. Which means anyone who invests in gold at 1340 usd will have a good chance of doubling their investment.

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