Gold
롱

Gold has bottomed

233
GPD report that came out yesterday was worse than expected -1.4% (historically GDP and GOLD are inversely correlated), hence bullish for Gold.

After Gold dropped nearly 7% within a week and DXY running against it, we do see some exhaustion at the current point.

With next week's hiking interest rate and FMOC meeting as catalysts, TA formed a Gartley Harmonic pattern.

My conclusion is to see a short-term bounce to 1920, 2000, and finally 2100.

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