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EndlessPips
Oct 25, 2022 6:10 AM

Gold bearish trend is ready again 

GOLD (US$/OZ)TVC

Description

From my last analysis, we manage to catch the $55 Movement with risk reward 1:3. Now we will apply the same risk-reward ratio. Based on the Fibonacci & Ichimoku cloud we can clearly see the resistance level at $1660. Don't miss another golden opportunity. Share the idea with all your friends!

Trade active

The first Target was reached and the price currently sitting on the support, once the price brake the support we can see an even bigger decline.
Comments
Tradersweekly
Thank you very much for your view.
EndlessPips
@Tradersweekly, happy to help! Hope more people see it
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