XAUUSD short term is short

24 May 2021

XAUUSD
In the short term pending DXY uptrend recovery, GOLD will short retesting the 1840 1855 area before sprinting back up to 1920. DXY is pending recovery after indicating double bottom position in daily chart. Gold is trying to break 1890 but hence the trading volume levels are lower Gold will try to retest the support levels. In short the gold would short, longer period Gold would long. Please look in my idea, maybe you like it.

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