CFD Oro (US$/OZ)Long
THE PATH OF GOLD
Using a Daily chart which is a little slower on the action side, it appears a Shiff pitch fork fits the data best. Price action has reached the sell zone, which does not mean price action could not rip higher, but it appears the buying opportunities remain to be seen at what would appear to be lower levels. Hard conceive given the trend to lower interest rates. I smaller periodicity may reveal more timely trading opportunities in this "instant" expectations world.
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