FUNTRADER-Vera

0108 1/8 XAUUSD a new swing down to break 1400 soon?

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
GOLD is facing a possible D for a butterfly on monthly chart.
Meaning a strong pressure is up there if gold could not break through 1460.
It will turn down for a deep correction and follow the monthly channel to make a new high later.

Good luck !
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