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SonicDeejay
Feb 20, 2019 9:30 AM

XAU/USD (Now $1,325 has become a good support) Long

GoldOANDA

Description

Updated View On XAU/USD (Gold)

We had a nice break out of $1330 level and it points possible further upside.
But you need to aware there are still some chances for a pullback along the way as well.

If you do not want drawdown and you want to time the time well, you can try waiting for a long set up near $1325 region.



DYODD, all the best and read the disclaimer too.
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Thank You!



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Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.

DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Comments
InvestingScope
Nice work on the 1D Channel Up. There is a multi year rejection zone just above at 1357 - 1366 which we are waiting to short:

SonicDeejay
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