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Gold at resistance (ATH)

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
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8
Gold just touched its ATH . This is resistance until proven otherwise. Trade idea is to enter a short on breaking $1917, with a stop of $1922 or so.

I will not be making the trade as I don't have no way of shorting/buying gold futures ... but I will add to positions on a significant correction.

Comments

what resistance? we just made a new all time high. The bull market is in full swing.
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