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VladimirRibakov
Jul 12, 2017 12:47 PM

Gold Buy Idea Short

GOLD (US$/OZ)TVC

Description

D1 - Price is moving inside a range and we have a divergence with false break.

H4 - Bullish divergence

Conservative Entry - Wait for a breakout above 1229 25 and after corrections, we can look for buys until last low holds.

Potential risk reward ratio here is very good (aiming top of the range as final target ) so use very small risk.
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