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VIP_Trading_Technologies
Oct 9, 2021 7:57 PM

Gold driving me crazy 

TVC:GOLD1D
GOLD (US$/OZ)TVC

Description

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During the past few months gold has been driving me crazy with constant movements up and down in this 100 bucks range from 1720 to 1830.

Long term I am selling gold but in the short term looks very uncertain to me.

The last daily candle shows an important rejection from the top coinciding with the POC area at 1780 so we could expect a downtrend continuation.

Fundamentals are all mixed up at the moment and that's why price is moving crazy in the said range.

Cheers.
Trend Analysis
Comments
FXKillA
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Ok buy sell I’m confused 🖐🏼🧐🤚🏼
raven95
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Looks like Gold is changing its behaviour, the markdown is complete and the range trading is an accumulation opportunity before a markup.
VIP_Trading_Technologies
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@jubilantIguana27441, Hi mate, thanks for your feedback. It could perfectly be the case. We gonna have important data released this week and that might help Gold to chose sides :) All the best.
VIP_Trading_Technologies
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LoL, we are two then :) I'm selling long term but in the short term I need to find a proper good entry. All the best
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