awpthorp

XAUUSD Long and Short Thesis

FX_IDC:XAUUSD   黃金現貨 / 美元
Main notes are on the chart, please look.

If gold can get a daily close above 1930, I may be a buyer. More so at 1945+. It's looking that way.

However, I think the banks will liquidate their positions to derisk ahead of the elections, increasing the DXY, thus hitting the precious metals hard. Gold 1800 or maybe lower.
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