Sunday 28 July 2019

XAUUSD

Prices 1365-1375 were hard to crack of 0.382 resistance for last 3.6 years.

Increase in debts of countries and trade war catapulted the price to trade above 1375.

It has hit the resistance of 0.500  around 1450- 1460.

It will hover around 1406-1420 for sometime.

Hold your longs for 1555- 1570 and exit all.

If I m calculations are correct  by 2021 last half or near Christmas 2021,we can see 1560.


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