Gold Spot / U.S. Dollar
Long
Updated

XAUUSD: Gold bottomed here, longer term trend remains up...

I like the odds in buying Gold here. We started buying it yesterday, near the lows, today gives further confirmation as miners surged, and preciouis metals are posting new daily highs as well. Quarterly timeframe is in an uptrend as long as Gold holds over 1245 ish.
Best of luck,

Ivan Labrie.
Note
This was extremely hard to hold on to, but clearly the bottom after correcting.

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