the5erstrading

GOLD - A New Fresh Supply Created At 1301.00 Zone

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Will the price retrace to the new supply that broke down the uptrend channel? no one knows, but it definitely a great level for sell position, this supply broke The uptrend channel, we can see also the divergence between the MACD indicator and the GOLD price, sell at 1301.00 zones,
Target - 1250.00
Stop loss - 1305.00

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