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Gold Spot / U.S. Dollar
Long
Updated

XAUUSD: Could return to 1250 at least

2 149
I think Gold's a long here again. Tight stop, be ready to add if we hold for two more days, and march higher.
Best of luck,

Ivan Labrie.
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Strong action in XAUUSD snapshot We continue to hold our longs.
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Looking good.
Trade closed manually
Closed here with 1.62R:

snapshot

Also closed silver. Will reenter in a few days if valid.
Trade active
Reentered gold at 1263.28.
I think gold bottomed for a good while, and we might see a monthly scale rally.
There's a chance to catch up to BTC even.
Trade closed manually
Sold again at 1291.7

Will rebuy dips.
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snapshot

I'm in GFI, a promising gold miner, also have physical positions -25% of capital from 1220-

Looks like XAUUSD can break out and surge from here, odds are pretty big, considering all factors, and how it is accumulated.
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Broke out, this is huge...potentially.
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It was, and it is, huge...

snapshot

We might consolidate here for 9-10 days.

Buying on dips.
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Ready to rally again, after a 9 day consolidation -which we anticipated correctly-.
Oversold readings in the daily are good here. Buy into strength.
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snapshot
IvanLabrie
Also on:
Beyond Technical AnalysisChart PatternsGoldkeyhiddenlevelsrgmovtimeatmodeTrend AnalysisXAUUSD

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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.
Beyond Technical AnalysisChart PatternsGoldkeyhiddenlevelsrgmovtimeatmodeTrend AnalysisXAUUSD
IvanLabrie
Also on:

Related publications

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.