Biconomics

What's Next on GOLD? Above 1751 Became Realistic

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello Traders I wish you for a very good day! Here I update all my trade plans and setups based on technicals while nothing in here shared as a trading signal. So take them at your own risk. All these remains as just a prediction until we meet with the required criteria. Best regards!

Gold showed a super dump and got the 50% Fib level. Where I was looking for a long opportunity. And this clearly shows a very respectable rejection at 50%. This dump can possibly cause a huge impact over on gold bull run. I am expecting above 1751 as FED is looking towards 3 rate cuts to adjust the situation with current economical condition. And they got a huge trade deficit from decade. And remember all this manipulations are clear step taken for a huge move. So get familiar with. Good Luck!

Leave me a message on TradingView for other trade related services. Thank You!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.