sjroden

Gold 1100 end of the road for bears?

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FX:XAUUSD   黃金現貨 / 美元
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I suggest that gold is in the final stages of its years long bear trend and that 1100 is a good price to consider buying. This would depend on the price reaction at the lower trend line and the RSI divergence remaining intact. I would take a spec long position with a daily bullish engulfing candle or something similar after price tests below 1100.
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