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ChartStrategist
Apr 24, 2023 7:45 PM

Gold 1hr TF Short

GOLD (US$/OZ)TVC

Description

I believe that gold prices may experience a slight increase as the US dollar is expected to gain support and potentially strengthen. However, based on my analysis of market confluences, I will be looking for a potential selling opportunity within the area of interest between 1995.63 - 1996.52. If these confluences align as expected, I anticipate a favorable market reaction to this selling opportunity.
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