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Sublime_Trading
Jul 13, 2019 9:20 AM

Gold Slows Down But For How Long? 

GOLD (US$/OZ)TVC

Description

Last post: June 25th 2019.
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Review: Price was looking strong after breaking out of consolidation.

Update: Price has since slowed down after the big move and appears to be going in consolidation again.

Conclusion: To confirm further moves to the upside we need a break above the consolidation resistance.

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

Sublime Trading
Comments
TechniBlock
It's forming a sell wall and whether thats a bull flag, bull pennant or ascending triangle shouldn't matter. They all indicate higher prices and I think the next buy is 1408.00
Sublime_Trading
@aconcept, you may be right but either way a break of the previous high will confirm further bullish moves
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