OANDA:XAUUSD   Gold Spot / U.S. Dollar
Preferred direction: SELL
Comment: The extreme trading idea for gold worked out perfectly. At the moment, the local strengthening of the metal is likely to continue, this will be facilitated by the technical and fundamental factors. We cannot rule out a slight downward movement, as in most major instruments, after which there will most likely be growth with a target of 1870. It is not worth considering higher targets for now, since there is already a high probability of a reversal and a continuation of the fall within the downward trend.

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