Gold has been respecting the downward trendline as shown making lower highs overtime. Gold is likely to fall to the demand zone of 1919/TROY oz before going to all time highs as we get closer to the U.S presidential elections. Do follow me for more trading ideas (:
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Pardon the text box am new here on TradingView (:
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We lost on this trade but no worries. This is where good risk management comes into place. -0.33% on this trade. There are plenty of other opportunities (: