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Gold to continue the Bullishness
Gold Spot / U.S. Dollar
Long
Gold to continue the Bullishness
By DrAnandM
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Aug 23
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Aug 23
As mentioned in previous Analysis, support taken from 2370
If Gold sustains above 2450 2500
Short term 2700 could be tested
Longer term 3000 could be tested
Rationale:
Support taken from
1. Fib 0.23 retracement of the rally from 1986 to 2450
2. DEMA 50
Bullish Flag Breakout
Sep 1
Comment
Do Not treat Gold as bearish, unless it starts trading below 2360 2370
Sep 1
Comment
Anywhere above this zone and Bulls will not giveup
Sep 9
Comment
XAUUSD
Bearishness
If at all Any
Only below 2485 ~ 2490
Else this could be another rally in making..
Preparing for 2600
Although 2440 retest is a fair possibility.
Below 2440, Next Strong Support around 2360 2370.
Can't Rap the Crap all day long..
So Keeping it Simple..
Sep 9
Comment
After 2600 2700 3000 Are Medium Abbas longer term targets
Sep 12
Comment
Towards 2600 2700
Sep 18
Comment
2600 done 🎉🎇
Sep 18
Comment
2530 2500 retest likely if sustains below 2565
Sep 18
Comment
If 2565 Respected, then Bullishness to continue
Sep 20
Comment
2565 respected..
Sep 20
Comment
Towards 2700 2750
Sep 29
Comment
2700 almost done
Oct 3
Comment
ME Escalation calls for More upside..
2700 2750 quite likely
4 days ago
Comment
2700 Done!
Fibonacci
Moving Averages
Supply and Demand
DrAnandM
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Related publications
2370 Critical Zone Make or Break
by DrAnandM
Published
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