TradeTheStructure

GOLD is building to squeeze the sellers and push to new highs

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FX_IDC:XAUUSD   黃金現貨 / 美元
GOLD is showing strong signs of holding above previous support around $1480, after washing out some buyers with the spike lower, as safe haven buyers step up the pressure. If the trade war continues to escalate, we expect the bulls to come out and play and send Gold running to new highs. A push above the $1519 zone on the daily timeframe would be just the trigger to get the ball rolling.
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