I was asked a lot to give you an update for gold .
since my last post we see just minor changes: currently, the price is coiling within an expanding wedge pattern. I believe that we will see a new higher high with the wedge soon.
But remember that 1482 - 1486 is a strong zone of supply and we will anticipate a bearish reaction from it.
my trade execution with entry/stop/targets is here:
Everyone is predicting Gold to go higher as 1500 was a big resistance level, but it broke through twice and went for a third retest at the close.
zzaza
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Still active trade? To retest high then lower?
Slippery09
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Ive been holding a short for a few days now, nothing has happened but conscensous shows still a sell. Something big may happen in crypto and throw a black swan into Gold!