arieskid

gold possible short

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
if we sell the c leg we might bag a lot of profit
we can see that the pair is setting up well and might be giving us a bearish 2022. just to finish the large cup and handle that formed over the years . there are two possible harmonic patterns the larger one and the smaller one the smaller one is the possible bullish butterfly that is on the chart above and if we zoom out the chart there seem to be another bigger pattern but tht will be confirmed if this butterfly forms according to plan setup

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