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Hello fellow traders in this chart I analyze gold on the 1 hour time frame but it extremely important to know that if the candle sticks do not continue up to my entry buy line I will not be taking this trade. Currently we are waiting for confirmation with this trade. Were looking to see the candle sticks show a strong push off the Fibonacci levels and head towards our extension levels. Gold long term has been going up for a while and especially due to the stimulus packages coming the value of the dollar will surely fall leading to a long term buy in the market anyways. So keep your eye out for this trade and many more to come.
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