Hi I hope you have made money from the previous analysis.
Gold is in a very good position to enter. As you can see, gold has formed a downward trend line above the price in the 1H period. And several times the rejection from this area shows the validity of this trendline. In case of rejection again, we can expect gold to move towards lower supports. tp1: 1922 tp2: 1913 tp3: 1904
* And in case of a strong crossing of the trendline, the price will go to higher levels and this analysis is invalid.
Trade active
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TP1 & TP2 hit! and +160pips until now! Enjoy!!
Trade closed: target reached
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It moved beautifully. ✅ TP3 hit! +240 pips profit. All positions closed. enjoy!!!!🥳