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: Stop loss at 1687$ activated.Mid term trend line downwards broken,the metal stands at a difficult situation looking weak.We can try now (1675$) going short aiming 1625$.Stop loss at 1695$
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