Gold can Potentially have a downside move towards 1747, 1738, 1717, 1707. Potential shorting area, 1772-1776 if failed 1779-1784 range can be next area to short.
- Rejection of Daily EMA (1796) - Weekly Close below 1770 ( Monthly Pivot, Strong resistance) - Candle Patterns, Strong Bearish reversal
Invalid if price moves above 1790-1800
Not a financial advice
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Buy was very successful, 1761.5 to 1784. Sell taken at 84, Closed 75% at 71.