Purvee

Gold possible pullback

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Purvee 已更新   
FOREXCOM:XAUUSD   黄金现货/美元
Due to the FOMC statement and geopolitical tensions, Gold is in a strong uptrend. But wherever there is a healthy trend there needs to be a pullback. I see the green area will resist gold price to pull back. I will wait for a decent pullback to enter long.
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Gold is definitely overpriced right now. So better chance to enter will be the next blue line which is 1435 area.

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