XAU/USD:CORRECTION IS OVER ?
LONG TERM ANALYSIS: Gold has for the last 25 months been climbing due to global economic uncertainties,COVID and printing of money from Central Banks.The technical formation created,is of an asset in bull trend.As long as the metal stands higher than 1400$,we keep long positions aiming towards min. 3300$,max …
SHORT TERM ANALYSIS: We stay on our point as described in last analysis:”We are starting facing extreme technical devaluation of the price of metal.We can place buy order at 1850$ aiming 1960$.Stop loss at 1815$”.Buy order activated.
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