MEGALO1

Gold in a Bullish Trend !!!

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MEGALO1 Aktualisiert   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Yes my bullish trend line was broken this morning i have it on My last Gold chart as a very bullish breach which it is , but the Stoch/Rsi indicator has also produced a Flat top which is bearish in nature .

With theses things pointed out we also need to reasses the trend to figure if it is going to pullback anytime soon in the near term i would be observing the dxy for a start which usually can give us indications of near term price Actions !

As it stands on my Gold chart at the present we've got conflicting indicators ???
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Yes Gold feel off of it's recent high's back down to it's mean once again .
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that's fell :-)
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Reposted Yes Gold is behaving just like i predicted On Friday's Rap Up ! :-) I redrew my Gold chart so we can get a better more recent view of Gold's price act.
Reposted 41 minutes ago
Comment: Yes the MA did cross-over liked predicted on my Gold chart on Friday evening which is bullish in nature, but how strong it will be time will tell ???
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Repost Reposted from Friday evening >I believe the higher Golds price rises on Monday the harder it will fall given Golds is in a negative bearish trend still at the present time.
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Fresh shot of gold's price action .:-)
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Looking just a we bit bearish!! gold chat room:-)
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if Gold breaches my $1928 (((Big Red Trendline))) we could see a breach of $1900 very soooon! ish
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Freshly Reposted from the gold chat room ! :-)
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A breach of $1900 is very plausible for toady ! :-)
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My Big Red Trend Line was breached three times is it the Charm ? :-)
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Findly Gold has established a negative bearish trend today :-)
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This trend was established 3:15 pm today 8/24/2020
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No matter how you slice & dice my Gold chart a super strong negative bias is going on. WoW :-)
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