Gold XAUUSD Fell Sharply! What Now?? Weekly Analysis, Forecast & Trading Update Jan 10, 2020

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Traders, Gold gave us very good short opportunities after we got a confirmation from the FCPzone (Fibonacci Confluence Zone). It was a great fall from previous supply zone confluence with an FCP zone. Now it has reached a level where it may go back up a bit but may be not for a huge profit targets. Next week will be wait, watch and trade week possibly as DXY is making its move too.

DXY Latest analysis:
Previous Full Gold Analysis:

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