elblanco0

Gold setting up for 1900

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Common yet very strong price action where there’s an initial drop from strong supply zone and afterwards multiple tests but rejection by wicks -> strong selling pressure, at current levels buyers are not strong, it’s just a matter of time before the support collapses and we should see a fall to between 1870-1900. I’d say it should happen this week or next week.
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