GOLD, soon we could get sell with potential profit 400 pips

I will open Sell on GOLD if price will make a fake break of key level $1437

- $1438 key level and border of the range. Near it our risk will be 40 - 50 pips.
- Potential profit in 10 times bigger.
- Mostly price moves with such cycles: 1st wave - pullback (volume accumulation) - 2nd wave. After end of this cycle price could change it direction.
- I will open entry if price show signal according to my trading system ONLY. I'll share that entry with take profit and stop loss when this post will get 100 likes.

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Also why I think about a future pullback on Gold

A few weeks ago price bounced down from 6 years high $1432 but it didn't hit key zone $1360. That's why I think near $1437 $1440 we could get accurate entry.

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New analysis:

08:14

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Price in the range last 4 hours
Is such places we wait when price will break it out and 1 hour candle will fix below or above. After that we open entry to continue.

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New idea:

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Price near key sell zone

Soon we could see accurate entry

do u wait for it?

Trade closed manually:

Don't think to Sell GOLD
Price broke up a key level. IF daily chart will close above we will have buy only!!!!!!!

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