TomorrowPapers
Long

Descending Wedge; Decision time for Gold

TVC:GOLD   CFDs on Gold (US$ / OZ)
Reasons:

- Descending wedge which is a reversal pattern, and now the price is close to the end of the wedge: decision time
- A morning star reversal candlestick pattern is formed on the bottom of the wedge

This is highly speculative position

*This is only how we interpret the market.
Jan 24
Comment: We closed the position today (Jan 24th) at $1,570
Would you please update about Gold?
Reply
@gold4gold, Will do in weekend. For now we closed the buy position, since it almost reached the target.
Reply
good work man
Reply
TomorrowPapers SaifAdilSadiq
@SaifAdilSadiq, I appreciate it
Reply
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