Gold daily analysis for May 20th

Follow this link if you want to read my latest analysis on Gold through my partnership with InstaForex.

Below you can also see my Gold fractal with AUDUSD pointing lower as posted several times the last few days through my twitter account @alexanderyf

goldaudusd

Gold has most probably started a longer-term correction towards my target of $1,150-$1,180 area. This will be the area to go long Gold for the next big move. I continue to believe Gold has made a long-term low at $1,045.

Have a nice weekend everyone

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