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May 18, 2021 12:18 AM

GOLD: BULLISH FLAG BREAKOUT Long

GOLD (US$/OZ)TVC

Description

LONG trade analysis for GOLD.

Graph is looking bullish from upper trendline of Bullish Flag. Price is currently located at resistance area, meaning 2 possible scenarios: gold will keep rising and second that price will drop to recent trendline and then explode upwards. Trade idea is also shown on RSI indicator.

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