munyaelliott

GOLD 4-HOUR TIMEFRAME SELL

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold prices are currently breaking down out of what i thought initially to be an ascending triangle. Well it still looks like one. This is a clear message to breakout traders to never try predict the direction of the market, but just to follow prices. i believe it will continue lower and other commodities like sugar might also follow. Let us wait and see

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