TimeWaveTrading

Gold Trend Analysis Update

FX:XAUUSD   Guld / USA-dollar
This analysis assumes that gold will rise next week. I expect the direction to diverge at point y. The chart is a mix of bearish and bullish. There doesn't seem to be anything weird wherever gold goes. The market always shows two-way signs, but sometimes we only seem to look in one direction. I think it's a bit early if gold turns to a bear market right now. So I wonder if it will rise rather than fall and prepare for inflation next year. good luck.
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